What criteria may a food processor adopt to evaluate its channels of distribution?
What will be an ideal response?
Channels of distribution may be evaluated on criteria such as cost of distribution, coverage of the market, provision of customer service, communication with the market, and control of distribution networks. Also, criteria such as support in the introduction of new products and cooperation with the company’s promotional effort may be used in the evaluation. Cost analysis of distribution (via Exhibit 16–5), as well as relationships between annual sales and different types of costs, should be established.
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A system is composed of four parts, J, K, L, and M. All four must function for the system to function. The four component reliabilities are .99, .98, .992, and .998. The designers are considering putting an 80% reliable backup at K
This backup will change the system reliability from ________ to ________. A) 0.9762; 0.9605 B) 0.9605; 0.9762 C) 0.9605; some smaller value D) 0.9605; 0.996 E) 0.98; 0.99
Institutional investors amass large pools of financial capital by accepting savings account deposits.
Answer the following statement true (T) or false (F)
If a firm targets business and organizational markets,
A. each customer may need to be treated as a different segment. B. the geographic location of the customer is likely to be less important than in segmenting consumer markets. C. NAICS codes may help in segmenting manufacturers but not producers of services. D. All these answers are correct.
The Source, an engineering company, introduced a 360-degree feedback system. Lou, who was being considered for a promotion, was described as eager to learn and innovate. Isaac was appreciated for his meticulous and organized work and was the one the team could depend on during crunch time. Gloria's ability to be cooperative, accommodating, and sociable to customers who had grievances was well acknowledged in the feedback. In the context of the Big Five taxonomy, the personality dimension ________ best describes Isaac.
A. conscientiousness B. intuition C. openness to experience D. neuroticism E. agreeableness