Changing Market Locations,resulting from Geographical Boundaries of Existing Markets Expanding

question 7

Multiple Choice

Changing market locations,resulting from geographical boundaries of existing markets expanding or the opening up of new,more distant markets,should signal the channel manager that:

• A) Shorter channels are definitely needed.
• B) A higher level of intensity is called for.
• C) Modifications in channel structure may be needed.
• D) Intermediaries should be dropped.
• E) Market density is increasing.

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Definitions:

HST-Inclusive Price

The total price of a product or service including the Harmonized Sales Tax, which combines the federal goods and services tax and provincial sales tax where applicable.

Nearest Whole Percent

Rounding off a percentage to the closest whole number.

Administrative Rule

A regulation issued by government agencies that has the force of law, governing the implementation of specific statutes.

Consumer Law

A statute or administrative rule serving to protect consumer interests.