WITH SOLUTIONS GRADED A+
◉ telemarketing. Answer: is the performance of marketing-related
activities by telephone
◉ television home shopping. Answer: presents products to
television viewers, encouraging them to order through toll-free
numbers and pay with credit cards
◉ online retailing. Answer: makes products available to buyers
through computer connections
◉ automatic vending. Answer: the use of machines to dispense
products
◉ a lifestyle shopping center. Answer: is a shopping center that has
an open-air configuration and is occupied by upscale national chain
specialty stores
◉ neighborhood shopping center. Answer: typically consists of
several small convenience and specialty stores
,◉ community shopping center. Answer: Includes one or two
department stores and some specialty stores, along with
convenience stores
◉ regional shopping center. Answer: usually has large department
stores, numerous specialty stores, restaurants, movie theaters &
sometimes even hotels
◉ physical distribution. Answer: is all those activities concerned
with the efficient movement of products from the producer to the
ultimate user
◉ inventory management. Answer: as the process of managing
inventories in such a way as to minimize inventory costs, including
both holding costs and potential stockout costs
◉ order processing. Answer: consists of activities involved in
receiving and filling customers' purchase orders
◉ warehousing. Answer: the set of activities involved in receiving
and storing goods and preparing them for reshipment
◉ materials handling. Answer: is the actual physical handling of
goods-in warehouses as well as during transportation
,◉ transportation. Answer: is simply the shipment of products to
customers
◉ a firm that offers transportation services is called. Answer: carrier
◉ integrated marketing communications. Answer: the coordination
of promotion efforts to ensure maximum informational and
persuasive impact on customers
◉ promotion. Answer: communication about an organization and its
products that is intended to inform, persuade, or remind target-
market members
◉ promotion mix. Answer: a combination of promotional methods
to reach a target market
◉ advertising. Answer: paid nonpersonal message communicated to
a select audience through a mass medium
◉ personal selling. Answer: personal communication aimed at
informing customers and persuading them to buy a firm's products
◉ sales promotion. Answer: is the use of activities of materials as
direct inducements to customers or salespersons, which can add
, value to the product and increase the customer's incentive to make a
purchase
◉ public relations. Answer: a broad set of communication efforts
used to create and maintain favorable relationships between an
organization and its stakeholders
◉ primary-demand advertising. Answer: is advertising aimed at
increasing the demand for all brands of a product within a specific
industry.
◉ selective-demand advertising. Answer: advertising that is used to
sell a particular brand of product
◉ institutional advertising. Answer: advertising designed to enhance
a firm's image or reputation
◉ advertising agency. Answer: an independent firm that plans,
produces, and places advertising for its clients
◉ order getter. Answer: is responsible for what is sometimes called
creative sell-selling a firm's products to new customers and
increasing sales to current customers