The arrangement of vertical management system in which non-dependent firms for production and distribution works together through contracts is classified as?

Related Mcqs:

1. The arrangement of vertical management system which integrates stages of distribution and production under single umbrella is classified as?

   A. administered VMS
   B. full time VMS
   C. contractual VMS
   D. corporate VMS

2. The vertical marketing system in which different stages of production and distribution coordinates through capacity of one of parties is classified as?

   A. full time VMS
   B. contractual VMS
   C. administered VMS
   D. corporate VMS

3. The kind of contractual VMS (vertical marketing system) in which franchisor links different stages in distribution-production process is classified as?

   A. franchise organization
   B. member organization
   C. link organization
   D. administered organization

4. The type of franchise network in which the company has network of non-dependent franchised dealers is classified as?

   A. manufacturer-wholesaler franchise system
   B. manufacturer-retailer franchise system
   C. manufacturer franchise system
   D. none of above

5. The wholesaling which is done directly to buyers or sellers rather than wholesaling through non-dependent wholesalers is classified as?

   A. manufacturer’s sales branches
   B. brokers
   C. agent
   D. drop shippers

6. The concept of logistics which focuses on teamwork in the whole supply chain management to maximize performance of a distribution system is classified as?

   A. integrated logistics management
   B. intermodal logistics management
   C. intra-modal logistics management
   D. exclusive logistics management

7. The intensive distribution strategy works well for the products such as ___________?

   A. designer apparels
   B. heavy machinery
   C. real estate
   D. soft drinks and snacks

8. The pricing strategy in which prices are based on cost of distribution and production plus fair return rate is classified as?

   A. cost based pricing
   B. differentiated pricing
   C. competitive pricing
   D. value added pricing

9. The kind of channel arrangement in which the retailers, wholesalers and producers act as a single system is classified as?

   A. conventional distribution channel
   B. horizontal marketing system
   C. vertical marketing system
   D. static distribution channel

10. The decrease in average per unit cost of production which is caused by accumulated experience of production is classified as?

    A. experience curve
    B. learning curve
    C. costing curve
    D. pricing curve