Designing and Managing Integrated Marketing Channels - MCQs with answers - Part 7
Channel Stewards1. A channel steward is a a) Maker of a key component
b) Maker of the product or service
c) The supplier or assembler
d) Either of the above
View Answer / Hide AnswerANSWER: d) Either of the above
2. Steward advocates change for all participants. a) True
b) False
c) Can't say
d) None of the above
View Answer / Hide Answer3. The outcome of Channel stewardship is a) To increase value for the steward's customers
b) To create a more tight yet adaptable channel
c) Both a and b
d) None of the above
View Answer / Hide Answer4. A conventional marketing channel includes a) Independent producer, wholesaler and retailer
b) Producer, wholesaler and retailer
c) Wholesaler and retailer
d) None of the above
View Answer / Hide AnswerANSWER: a) Independent producer, wholesaler and retailer
5. A vertical marketing system includes a) Independent producer, wholesaler and retailer
b) Producer, wholesaler and retailer
c) Wholesaler and retailer
d) None of the above
View Answer / Hide AnswerANSWER: a) Independent producer, wholesaler and retailer
6. The result of strong channel members measures to control channel behavior and eradicate the conflicts that happens when independent members pursue their own objectives is a) A vertical marketing system
b) A conventional marketing channel
c) A horizontal marketing system
d) Firm Infrastructure.
View Answer / Hide AnswerANSWER: a) A vertical marketing system
7. __________ comprises independent firms at different levels of distribution and production. a) Administered VMS
b) Vertical VMS
c) Corporate VMS
d) Contractual VMS
View Answer / Hide AnswerANSWER: d) Contractual VMS
8. The car maker Ford has opted for a) Manufacturer sponsored retailer franchise
b) Manufacturer sponsored wholesaler franchise
c) Service firm sponsored retailer franchise
d) None of the above
View Answer / Hide AnswerANSWER: a) Manufacturer sponsored retailer franchise
9. Coca-Cola has opted for a) Manufacturer sponsored retailer franchise
b) Manufacturer sponsored wholesaler franchise
c) Service firm sponsored retailer franchise
d) None of the above
View Answer / Hide AnswerANSWER: b) Manufacturer sponsored wholesaler franchise
10. Fast food business Dominos and McDonald have opted fora) Manufacturer sponsored retailer franchise
b) Manufacturer sponsored wholesaler franchise
c) Service firm sponsored retailer franchise
d) None of the above
View Answer / Hide AnswerANSWER: c) Service firm sponsored retailer franchise
11. The new competition in retailing is between a) Corporate, contractual and administered VMS
b) Independent business units
c) Between a and b
d) None of the above
View Answer / Hide AnswerANSWER: a) Corporate, contractual and administered VMS
12. When two or more unrelated firms put together programs or resources to exploit an emerging market opportunity is a) Horizontal Marketing system
b) Vertical Marketing System
c) Backward marketing system
d) None of the above
View Answer / Hide AnswerANSWER: a) Horizontal Marketing system
13. _____________ is the strategy in which the tactics of selling via one channel reflects the tactics to selling via other channels.a) Integrated marketing channel system
b) Horizontal marketing system
c) Vertical marketing system
d) None of the above
View Answer / Hide AnswerANSWER: a) Integrated marketing channel system
14. By adding more channels, firms a) Gets increased coverage
b) Lower channel cost
c) Both a & b
d) None of the above
View Answer / Hide Answer