With Which of the Following Strategies Would a Company Give

question 33

Multiple Choice

With which of the following strategies would a company give only a limited number of dealers the right to distribute its products in their territories?

• A) exclusive distribution
• B) extensive distribution
• C) moderate distribution
• D) primary distribution
• E) intensive distribution

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Definitions:

Increasing Marginal Opportunity Costs

The principle that as production of a good expands, the opportunity cost of producing an additional unit rises.

Discrimination

The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.

Production Possibilities Curve

The production possibilities curve is a graphical representation showing the maximum combination of goods or services that can be produced in a given time period, given available resources and technology.

Concave

A shape or curve that is rounded inward, resembling the interior of a circle or sphere.