Match Each Item with the Correct Statement Below

question 192

Multiple Choice

Match each item with the correct statement below.
-The process through which a firm attempts to control downstream distribution is called _____.

• A)distribution channel
• B)forward integration
• C)logistics
• D)dual distribution
• E)direct selling
• F)intensive distribution
• G)selective distribution
• H)exclusive distribution
• I)tying agreement
• J)backward integration
• K)administered marketing system
• L)corporate marketing system
• M)contractual marketing system
• N)private carriers
• O)materials handling system
• P)franchise
• Q)common carriers
• R)upstream management
• S)suboptimization
• T)downstream management

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Definitions:

Market Value

The prevailing market rate at which a commodity or service is traded.

Retail Inventory Method

An accounting technique used to estimate inventory value by converting retail prices to cost prices.

Cost To Retail Ratio

A method to estimate the value of ending inventory and cost of goods sold based on the ratio of cost to the retail price of goods.

Ending Inventory

The cost of items on offer at the close of an accounting term.