Exam 13: Distribution and Pricing: Right Product Right Person Right Place Right Price

Dash-N-Dee is an independent distributer that distributes cosmetics to various retailers. The company takes legal possession of the goods it distributes. The company warehouses the products but does not ship them to the retailers. It is evident that Dash-N-Dee is a _____.

The fixed cost of Allied Breads, a bread baking company, is $200,000 per year. The cost of equipment and labor to make one packet of bread is $3. If the breakeven point of the company is 100,000 packets of bread, Widget Corp. needs to sell its bread packets at a price of _____ per packet to make profits.

Techilex delivers timber directly to furniture manufacturers. The company takes legal possession of the timber it distributes. The company doesn't physically process timber but it facilitates timber's safe delivery to the clients. In this scenario, Techilex is a(n) _____.

Which of the following statements is true of online retailing?

Shell Enterprise is a soft toy manufacturer. It sells its toys to ToySpot, a company that sells a wide range of toys to the public at a single location. In this scenario, ToySpot is a _____.

iTem is a retailer that sells a wide range of merchandise to the public through its website. It is evident that iTem is engaged in _____.

Which of the following statements is true of loss-leader pricing?

Saturn Systems, an electronic goods manufacturer, sells its LED bulbs to Shockwave Enterprise, which in turn sells those bulbs to final consumers. In this scenario, Shockwave Enterprise is a _____.

_____ means establishing only one retail outlet in a given area.

Which of the following statements is true of cost-based pricing?

Spade Archer buys surgical knives, scissors, forceps, needle holders, and retractors from a surgical equipment manufacturer and sells them to local hospitals. In this scenario, Spade Archer is a _____.

Which of the following are the elements of distribution strategy?

Hansel owns and runs a fruit juice manufacturing company. He decides that the company will sell packaged fruit juices through wholesalers and retailers. In this scenario, which of the following distribution strategies is Hansel planning to use?

Zetovi is a store retailer that sells a complete selection of food products, such as meat, cereals, processed foods, baked goods, and dairy products at a steep discount at a single location. It also offers a wide range of general merchandise, such as cosmetics and clothes almost at the same discount as food products. It is evident that Zetovi is a _____.

Dominic's Store offers a wide variety of clothes, furniture, cosmetics, and office supplies at significantly lower prices and provides less service than most department stores. In this scenario, Dominic's Store most likely is a(n) _____.

Determine the fixed cost of a pencil manufacturing company per year if its breakeven point is 300,000 packets of pencils, selling price of each packet of pencil is $3, and the cost of equipment and labor to manufacture one packet of pencil is $1.

Which of the following is a disadvantage of online retailing?

Brenda owns a store in a small town. The store sells a small range of everyday and impulse products, such as chocolates, magazines, novelties, and snacks. The store remains open seven days a week from 08:00 a.m. to 12:30 a.m. Brenda's store can be categorized as a(n) _____.

Sending products by__________is the least expensive option available to producers.

Donton Inc. dominates its market section by offering a wide range of office supplies that includes printers, furniture, and cleaning supplies to final consumers. It is evident that Donton Inc. is a _____.