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DECA Marketing Cluster Exam Questions and Answers 100% Solved

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DECA Marketing Cluster Exam Questions and Answers 100% Solved Exclusive Distribution - Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product. Electronic Data Interchange (EDI) Systems - The electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper. Trading Partners - Business entities conducting business electronically. Streamline - Make (an organization or system) more efficient and effective by employing faster or simpler working methods. Slotting Allowances / Slotting Fee - A fee charged to produce companies or manufacturers by supermarket distributors (retailers) in order to have their product placed on their shelves. Known as Pay-to-Stay. Consumer Choice - The range of competing products and services from which a consumer can choose.

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©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
DECA Marketing Cluster Exam

Questions and Answers 100% Solved


Exclusive Distribution - ✔✔Situation where suppliers and distributors enter

into an exclusive agreement that only allows the named distributor to sell a

specific product.

Electronic Data Interchange (EDI) Systems - ✔✔The electronic interchange

of business information using a standardized format; a process which

allows one company to send information to another company electronically

rather than with paper.

Trading Partners - ✔✔Business entities conducting business electronically.

Streamline - ✔✔Make (an organization or system) more efficient and

effective by employing faster or simpler working methods.

Slotting Allowances / Slotting Fee - ✔✔A fee charged to produce

companies or manufacturers by supermarket distributors (retailers) in order

to have their product placed on their shelves. Known as Pay-to-Stay.

Consumer Choice - ✔✔The range of competing products and services from

which a consumer can choose.

, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
Tariff - ✔✔A tax or duty to be paid on a particular class of imports or

exports. OR. Fix the price of (something) according to a tariff.

Horizontal Conflict - ✔✔Refers to a disagreement among two or more

channel members at the same level. For example, suppose a toy

manufacturer has deals with two wholesalers, each contracted to sell

products to retailers in different regions. If one wholesaler decides to

branch its operations into the other wholesaler's region, a conflict will result.

Vertical Conflict - ✔✔A disagreement between two channel members on

consecutive levels. For example, if the toy manufacturer discovers its

products are arriving at retail stores later than scheduled, a conflict might

develop between the manufacturer and the wholesaler responsible for

shipping to retailers.

Chargeback - ✔✔A demand by a credit-card provider for a retailer to make

good the loss on a fraudulent or disputed transaction.

Scrambled Merchandising - ✔✔When a shop sells goods that are usually

sold by another type of shop, in order to increase profits or attract new

customers.

Direct Selling - ✔✔The marketing and selling of products directly to

consumers away from a fixed retail location. Peddling is the oldest form of

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