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Chapter 10

Chapter 10 marketing key terms

AB
channel of distributionany series of firms who participate in the flow of products from producer to final user or customer
direct marketingdirect communication between a seller and an individual customer using a promotion method other than face-to-face personal selling
Administered channel systemsvarious channel members informally agree to cooperate with each other
Bulk-breakingdividing larger quantities into smaller quantities as products get closer to the final market
Channel captaina manager who helps direct the activities of a whole channel and tries to avoid—channel conflicts
Contractual channel systemsvarious channel members agree by contract to cooperate with each other.
Corporate channel systemscorporate ownership all along the channel
Discrepancy of assortmentthe difference between the lines a typical producer makes and the assortment final consumers or users want.
Discrepancy of quantitythe difference between the quantity of products it is economical for a producer to make and the quantity final users or consumers normally want
Dual distributionwhen a producer uses several competing channels to reach the same target market
Sortingseparating products into grades and qualities desired by different target markets.
Exclusive distributionselling through only one middleman in a particular geographic area
Intensive distributionselling a product through all responsible and suitable wholesalers or retailers who will stock and/or sell the product.
Reverse channelschannels used to retrieve products that customers no longer want.
Vertical integrationacquiring firms at different levels of channel activity.
Vertical marketing systemschannel systems in which the whole channel focuses on the same target market at the end of the channel.


Majoring in Computer Information Systems
High Point University

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