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Homework answers / question archive / The illegal practice of requiring retailers to not sell products below a minimum retail price is called ________ Deceptive pricing is outlawed by what act? __________ is the practice of charging a very low price for a product with the intent of driving competitors out of business

The illegal practice of requiring retailers to not sell products below a minimum retail price is called ________ Deceptive pricing is outlawed by what act? __________ is the practice of charging a very low price for a product with the intent of driving competitors out of business

Management

  1. The illegal practice of requiring retailers to not sell products below a minimum retail price is called ________
  2. Deceptive pricing is outlawed by what act?
  3. __________ is the practice of charging a very low price for a product with the intent of driving competitors out of business.
  4. Individuals and firms involved in the process of making a good or service available for use or consumption by consumers or industrial users are considered members of a ______
  5. Intermediaries make possible the flow of products from producers to buyers by performing three basic functions ______, ________, & ________
  6. The three degrees of distribution density are
  7. The density of distribution where by a firm tries to place its products or services in as many outlets as possible is called __________ distribution. (convenience goods)
  8. Only one retailer in a specific geographical area carries the firms products (specialty goods)
  9. Firm selects a few retailer in a specific geographical area to carry its products
  10. What type of market coverage is usually associated with shopping goods?

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  1. The illegal practice of requiring retailers to not sell products below a minimum retail price is called ________

resale price maintenance

  1. Deceptive pricing is outlawed by what act?

Federal Trade Commission Act.

  1. __________ is the practice of charging a very low price for a product with the intent of driving competitors out of business.

Predatory pricing

  1. Individuals and firms involved in the process of making a good or service available for use or consumption by consumers or industrial users are considered members of a ______

marketing channel

  1. Intermediaries make possible the flow of products from producers to buyers by performing three basic functions ______, ________, & ________

-Transactional functions
-Logistical functions
-Facilitating functions

  1. The three degrees of distribution density are

intensive, exclusive and selective

  1. The density of distribution where by a firm tries to place its products or services in as many outlets as possible is called __________ distribution. (convenience goods)

intensive distribution

  1. Only one retailer in a specific geographical area carries the firms products (specialty goods)

Exclusive distribution

  1. Firm selects a few retailer in a specific geographical area to carry its products

Selective distribution

  1. What type of market coverage is usually associated with shopping goods?

Selective distribution

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