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BUSML 3250 EXAM 3 (PILETZ) QUESTIONS WITH 100% CORRECT ANSWERS

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BUSML 3250 EXAM 3 (PILETZ) QUESTIONS WITH 100% CORRECT ANSWERS

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Personalization


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the consumer-initiated practice of generating content on a marketer's
website that is custom tailored to an individual's specific needs and
preferences




Indirect Channel


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intermediaries are inserted between the producer and consumers and
perform numerous channel functions

,Horizontal Conflict


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a channel conflict that occurs among channel members on the same level




Interactive Marketing


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training service employees in the fine art of interacting with customers to
satisfy their needs




Level of Service


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used to describe the degree of service provided to the customer




Agent or Broker


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any intermediary with legal authority to act on behalf of the manufacturer

, Corporate Vertical Marketing System


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a system in which the parent company has complete control and can
dictate the priorities and objectives of the supply chain; it may own facilities
such as manufacturing plants, warehouse facilities, retail outlets, and design
studios




Consumer Utilities


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time, place, form, possession




Digital Marketplace


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a digital retail site made up of small, independent sellers




Off-Price Retailing


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