MIE 201 Exam 3 questions with 100% correct answers 2023/2024

MIE 201 Exam 3 Channel Marketing - correct answer an organized network of firms that work together to get goods and services from producer to consumer. Distribution strategy - correct answer overall plan for moving products to buyers Wholesalers - correct answer sell to organizational customers including other wholesalers, government agencies, and educational insitiuaions. These products are then resold or made into new products. reatilers - correct answer primarily sell products to consumers for personal use. Contributions of marketing intermediaries - correct answer - matching buyers and sellers - providing market information - providing promotional and sales support - transporting and storing goods - assuming risk - providing finances - completing product solutions - facilitating transactions and supporting customers Matching buyers and sellers - correct answer making products available to buyers providing market information - correct answer collect data on who buys, how often, and how much. providing promotional and sales support - correct answer assist in promotion with displays and in store to promote business