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OSU BUSML 3250 EXAM 2 QUESTIONS WITH 100% CORRECT ANSWERS

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OSU BUSML 3250 EXAM 2 QUESTIONS WITH 100% CORRECT ANSWERS

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Advertising


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any PAID form of NON personal communication




a basic and distinctive mode of expression


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style




Retail Tricks of the Trade: Color

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red/yellow: impulse buy
green/blue: smoothing




__________ have shifted the balance of power between retailers and producers.


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Megaretailers




MB: mixed bundling


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individual items are also available separately




straight extention


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sell the same product in the new market




An intermediary with legal authority to act on behalf of the manufacturer - typically
does not take ownership of goods

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Agent or broker




existing product category, new brand name


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multibrands




PC: pure components


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no bundling




Transactional Utility


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Quality of the deal




Disintermediation


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, the cutting out of marketing channel intermediaries by
product or service producers or the displacement of
traditional resellers by radical new types of intermediaries




T or F about growth stage
Companies face a​trade-off between high market share and high profits.


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T




Channels for Consumer Products


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1. direct channel
2. retailer channel (car dealership)
3. wholesaler channel
4. agent/broker channel




A temporary period of unusually high sales driven by consumer enthusiasm and
immediate product or brand popularity is called​a(n) __________.


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