$ of fixed costs / fixed cost contribution -
ANSWER✅
Breakeven Quantity
Quiz_________________?
$19.99 looks cheaper than $20 -
ANSWER✅
Odd-Number Pricing (Psychological Pricing)
Quiz_________________?
4 for $1 (more for less, looks like a good deal) -
ANSWER✅
Multiple-Unit Pricing (Psychological Pricing)
Quiz_________________?
1
, a distribution channel similar to two-step distribution, but with the addition of sales agents
who help connect buyers and sellers -
ANSWER✅
Agent-Wholesaler-Retailer Channel
Quiz_________________?
a distribution process that links the producer and the customer with no intermediaries -
ANSWER✅
Direct Channel
Quiz_________________?
a distribution process that links the producer to the retailers to the consumers -
ANSWER✅
Retail Channel
Quiz_________________?
a distribution process that links the producer to the wholesaler to the agent/ broker -
ANSWER✅
Two-Step Channel
Quiz_________________?
a group of closely-related product items sold under a single brand -
ANSWER✅
Product Line
2
, Quiz_________________?
a group of people or organizations for which an organization designs, implements, and
maintains a marketing mix intended to meet the needs of that group, resulting in mutually
satisfying exchanges -
ANSWER✅
Target Market
Quiz_________________?
a manager who has direct responsibility for one brand or one product line -
ANSWER✅
Brand Manager (Product Manager)
Quiz_________________?
a marketing intermediary that sells to other organizations (ex. retailer, manufactures, and
hospitals) -
ANSWER✅
Wholesaler
Quiz_________________?
a name, term, symbol, design, or combination thereof that identifies a seller's products and
differentiates them from competitors' products -
ANSWER✅
Brand
Quiz_________________?
3