Sharp Focus Cameras Is Facing Intense Competitive Pressure

question 71

Multiple Choice

Sharp Focus Cameras is facing intense competitive pressure. Top marketing managers are looking for ways to cut costs. They are considering a plan to cut distribution costs by eliminating marketing intermediaries from the channel of distribution. If Sharp Focus carries out this plan, it is likely to find that:

• A) most of the marketing functions performed by marketing intermediaries are helpful, but they aren't really necessary.
• B) as the producer of the products, it will be able to perform the same functions more efficiently.
• C) it will be unable to perform the functions as efficiently as they were performed by the marketing intermediaries.
• D) telemarketing will become the only viable means of distributing its products.

Understand the concepts and types of demand for holding cash, including transactions, precautionary, and speculative demands.

Identify the types of collateral used in secured loan agreements and their purposes.

Comprehend the reasons for and mechanisms behind the provision of trade credit by firms.

Distinguish between different financing arrangements involving a firm’s inventory as collateral.