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Exam (elaborations)

GACE Marketing I & II Exam Questions and Answers

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GACE Marketing I & II Exam Questions and Answers

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GACE Marketing I & II Exam Questions
and Answers

Aims its marketing at wholesalers and resellers, and success depends upon the ability
of those intermediaries to market the product. - ANS-Push Strategy (in distribution
channel management)

a channel conflict that occurs between different levels in a marketing channel, most
typically between the manufacturer and wholesaler or between the manufacturer and
retailer (2 different levels) - ANS-Vertical Conflict

a channel conflict that occurs among channel members on the same level/same level of
importance - ANS-Horizontal Conflict

a form of distribution aimed at having a product available in every outlet where target
customers might want to buy it - ANS-Intensive Distribution

the actual, physical movement of products along the distribution pathway - ANS-
Physical Distribution

giving a limited number of dealers the exclusive right to distribute the company's
products in their territories - ANS-Exclusive Distribution

moving broken, unwanted, or excess products returned by consumers or resellers -
ANS-Reverse Distribution

sales and promotional techniques that deliver promotional materials individually/ NO
intermediaries - ANS-Direct Marketing

involves one or more distribution intermediaries - ANS-Indirect Distribution

producer-consumer - ANS-Common DC for service

railroads - ANS-Most economical DC transport

Passed in 1957, governs the liability of all non-military nuclear facilities. Purpose is
compensate nuclear industry against liability claims & public from nuclear damages.
Does not affect pricing of goods and services. - ANS-Price-Anderson Act (nuclear
industry indemnity)

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