Full download Marketing Channel Strategy 8th Edition Palmatier Test Bank pdf docx
Full download Marketing Channel Strategy 8th Edition Palmatier Test Bank pdf docx
Full download Marketing Channel Strategy 8th Edition Palmatier Test Bank pdf docx
https://testbankfan.com/product/marketing-channel-strategy-8th-
edition-palmatier-solutions-manual/
https://testbankfan.com/product/marketing-strategy-a-decision-focused-
approach-8th-edition-walker-test-bank-2/
https://testbankfan.com/product/marketing-strategy-a-decision-focused-
approach-8th-edition-walker-test-bank/
https://testbankfan.com/product/entrepreneurship-theory-process-and-
practice-10th-edition-kuratko-test-bank/
Fundamentals of Human Resource Management 4th Edition Gary
Dessler Solutions Manual
https://testbankfan.com/product/fundamentals-of-human-resource-
management-4th-edition-gary-dessler-solutions-manual/
https://testbankfan.com/product/research-methods-in-psychology-
evaluating-a-world-of-information-2nd-edition-morling-test-bank/
https://testbankfan.com/product/electrical-engineering-principlesand-
and-applications-5th-edition-hambley-solutions-manual/
https://testbankfan.com/product/introduction-to-management-science-
quantitative-13th-edition-anderson-test-bank/
https://testbankfan.com/product/infants-children-and-adolescents-and-
myvirtualchild-7th-edition-berk-test-bank/
Maternal Newborn Nursing The Critical Components of
Nursing Care 2nd Edition Durham Test Bank
https://testbankfan.com/product/maternal-newborn-nursing-the-critical-
components-of-nursing-care-2nd-edition-durham-test-bank/
Marketing Channels, 8e (Palmatier)
Chapter 07 Wholesaling Structures and Strategies
1) A firm that sells physical inputs and products to other businesses is best described as a(n)
________.
A) contractor
B) wholesaler
C) merchant
D) marketer
E) retailer
Answer: B
Difficulty: Easy
Objective: LO1
3) According to the author, what has been a significant factor in the large number of
consolidations in the wholesale distributor industry?
A) globalization of retailers
B) shifting channel power
C) federal regulations
D) investments in IT
E) end user demands
Answer: D
Difficulty: Moderate
Objective: LO5
AACSB: Information technology
6) Which of the following activities would LEAST likely be handled by a master distributor?
A) delivering products to other distributors
B) consolidating orders from manufacturers
C) providing marketing and advertising support
D) monitoring employee recruitment and training
E) helping manufacturers expand into new channels
Answer: D
Difficulty: Moderate
Objective: LO2
7) A wholesaling operation that is owned and run by a manufacturer and that performs selling
and marketing functions is best known as a(n) ________.
A) retailer
B) service broker
C) master distributor
D) supply chain manager
E) manufacturers’ sales branch
Answer: E
Difficulty: Easy
Objective: LO2
10) A wholesaler adds value by performing all of the following channel functions EXCEPT
________.
A) promoting products to prospects
B) granting credit to suppliers
C) manufacturing new products
D) processing orders and payments
E) negotiating transactions
Answer: C
Difficulty: Moderate
Objective: LO2
12) According to the text, what was the primary reason for the consolidation of pharmaceutical
wholesalers?
A) closure of small pharmacies
B) automation of picking tasks
C) research into new medications
D) deregulation by the government
E) investments by global organizations
Answer: B
Difficulty: Moderate
Objective: LO2
13) An independent firm located in the exporter’s country that performs channel functions for
multiple manufacturers in noncompeting product categories is most likely a(n) ________.
A) licensed exporter
B) export franchisor
C) wholesale agency
D) master-distributor
E) export trading company
Answer: E
Difficulty: Easy
Objective: LO2
15) Pittsfield Fabric, a U.S. manufacturer, is considering the idea of selling fabrics to European
consumers. Which type of intermediary would most likely assist Pittsfield with this plan?
16) What is the primary reason that the onion industry has failed to be successful in Niger?
A) high amount of local sourcing
B) poor reputation of wholesalers
C) formation of wholesaler co-ops
D) involvement of retailer-sponsored alliances
E) deregulation of food industry by the government
Answer: B
Difficulty: Moderate
Objective: LO2
AACSB: Diverse and multicultural work environment
22) Which of the following is most likely a true statement about Ace Hardware?
A) Ace dealers pay membership fees and receive stock to ensure a profitable system.
B) The primary competition for independent Ace stores is other dealer cooperatives.
C) Ace eliminated its private-label merchandise because of poor retail sales.
D) Ace focuses on independent dealers rather than operating its own stores.
E) Independent Ace stores are homogeneous, which simplifies distribution.
Answer: A
Difficulty: Difficult
24) What is the primary benefit of Ace managing the wholesale side of the business?
A) providing better customer service
B) offering a heterogeneous inventory
C) ensuring that dealers are successful
D) keeping procurement costs down
E) customizing store offerings
Answer: D
Difficulty: Moderate
Objective: LO4
26) Land O’Lakes, Sunkist, and Ocean Spray are examples of ________.
A) wholesalers
B) consumer groups
C) farm cooperatives
D) master distributors
E) independent franchisors
Answer: C
27) Which statement best explains the success of consumer co-ops in the French food sector?
A) Grocery chains in France have historically supported direct selling and local food sourcing.
B) French consumers want intermediaries to conduct more safety inspections of food and wine.
C) Many French shoppers demand regional, organic foods and oppose conventional farming.
D) French shoppers appreciate the lower prices of food purchased directly from farmers.
E) Many French consumers support the government and its food standardization tactics.
Answer: C
Difficulty: Difficult
Objective: LO4
AACSB: Diverse and multicultural work environments
28) What is the LEAST likely reason that some French farmers have stopped direct selling and
started using intermediaries again?
A) being expected to provide credit to buyers
B) having to promote products to build clientele
C) needing to locate where customers want to buy
D) matching crops to product assortment demands
E) complying with significant certification procedures
Answer: E
Difficulty: Moderate
Objective: LO4
AACSB: Diverse and multicultural work environments
29) What is a key reason for the fast pace of wholesaler consolidation in the U.S.?
A) improvements in information technology
B) shifts in channel power and sources
C) increased use of master distributors
D) growth of consumer co-ops
E) opportunities to globalize
Answer: A
Difficulty: Moderate
Objective: LO5
AACSB: Information technology
30) Which term refers to a large, full-line, versatile wholesaler that is able to serve many
environments well?
A) progressive firm
31) A manufacturer that invests in fragmentation when faced with wholesale consolidation is
most likely ________.
A) focusing on forward vertical integration
B) creating partnerships with large distributors
C) increasing its attractiveness to channel members
D) forming alliances with small wholesaler-distributors
E) developing additional channel power through outsourcing
Answer: D
Difficulty: Moderate
Objective: LO5
32) According to the text, why will most wholesalers never be truly global?
A) Increasing trade barriers discourage wholesalers from globalizing.
B) Cross-border shipping costs for wholesalers are expected to rise.
C) Wholesaling involves meeting the varied needs of local markets.
D) Global wholesaling channels are too standardized to be profitable.
E) Wholesaler consolidation prevents manufacturers from outsourcing.
Answer: C
Difficulty: Difficult
Objective: LO2
35) What was the most likely reason for the failure of B2B online exchanges?
A) Buyers were unable to purchase similar products from one site.
B) Exchanges overlooked the value provided by wholesalers.
C) Wholesaler consolidation eliminated most e-distributors.
D) Exchanges added an unnecessary and costly intermediary.
E) Grey market pricing was unexpected by the exchanges.
Answer: B
Difficulty: Difficult
Objective: LO6
AACSB: Information technology
36) Buyers attracted to online reverse auctions most likely want to ________.
A) analyze a product’s lifetime cost of ownership
B) form relationships with major wholesalers
C) evaluate overall procurement costs
D) focus on low product prices
E) eliminate buying risks
Answer: D
Difficulty: Moderate
Objective: LO6
AACSB: Information technology
37) Watson Wholesalers typically charges customers slightly higher product prices with the
explanation that the services the firm provides are free. Which term best describes the strategy of
Watson Wholesalers?
A) activity-based costing
B) value-added pricing
C) fragmentation
41) Wholesalers are business establishments that sell products primarily to end-users but also to
other businesses.
Answer: FALSE
Difficulty: Easy
Objective: LO1
42) Agents, brokers, and commission agents buy or sell products, earn commissions or fees, and
take ownership of the products they represent.
Answer: FALSE
Difficulty: Easy
Objective: LO7
43) Collaborative filtering software enables wholesalers to use customer information to identify
and suggest appropriate products for prospects.
Answer: TRUE
Difficulty: Easy
Objective: LO3
AACSB: Information technology
44) Cooperatives are increasingly popular among small and medium-sized Japanese wholesalers
that want to gain economies of scale and compete more effectively with large wholesalers.
Answer: TRUE
Difficulty: Easy
Objective: LO4
AACSB: Diverse and multicultural work environment
45) Independent electronic exchanges rely on specialized software that allows bidders to submit
progressively declining bids to win a customer’s business.
Answer: FALSE
Difficulty: Easy
Objective: LO6
AACSB: Information technology
46) What have been the causes and effects of consolidation in the wholesale sector?
Answer: The wholesale sector has been subject to a massive, decades-long wave of
consolidation. Consolidation strengthens wholesaler-distributors even as it reduces their
number—and some inefficiencies in the industry. Consolidation was largely sparked by IT. That
is, actors performing the distribution function experience intense pressures to invest in IT. The
49) What have been the positive and negative effects of e-commerce on wholesalers? How might
online reverse auctions impact wholesalers?
Answer: E-commerce has changed but will not likely replace wholesalers. Wholesalers thrive by
gaining customer knowledge and combining it with their knowledge of producers to solve the
problems of both ends. The Internet creates new problems (e.g., heightened risk of defective
goods, fraudulent “merchants,” credit card theft, release of private information). It also creates
50) How do wholesaler voluntary groups differ from cooperative groups? What are the benefits
of cooperative groups?
Answer: In both wholesaler voluntary groups and cooperative groups, members agree to do a
certain amount of business with the consortium and follow some of its procedures. In a
cooperative group, the members must buy shares in the co-op, such that they are owners as well
as members. And as owners, they receive shares of the profits generated by their co-op (as stock
dividends) and end-of-year rebates on their purchases. Thus, the goals of the co-op and the
interests of its members align closely. Unlike wholesaler voluntary groups, retailer co-ops thus
have a more formalized structure, run by dedicated professional managers whose jobs have fairly
elaborate role descriptions. They also are better able to influence the marketing efforts of their
owner/members, who must adhere to the co-op’s advertising, signage, and brands if they hope to
stay. In short, their marketing coordination is stronger.
Difficulty: Difficult
Objective: LO4
AACSB: Analytical thinking
THE most violent positive part of Mr. Wells’s attack upon me is, as I
have said, his challenge upon the matter of Natural Selection, his
jeer that my arguments are wholly my own, ridiculous and
unsupported; and his amazing assertion, which he makes, quite
naïvely and sincerely, that there has been nobody in modern
criticism opposing the Darwinian theory. I think I have sufficiently
exposed Mr. Wells in these particulars.
But quite as important as this huge positive error on his part is
the negative factor in his pamphlet which I here emphasise for the
reader.
In my articles, which are about to appear in book form, I took his
Outline of History section by section, examined, turned over,
analysed, and exposed failure after failure in historical judgment and
information.
One challenge after another—I know not how many in all, but
certainly dozens on dozens—was put down by me clearly and, I
hope, methodically throughout a series of articles originally twenty-
eight in number, and of such volume that they still will form when
rearranged a book not less than 70,000 or 80,000 words.
Of all this great mass of destructive criticism which leaves his
Outline limp and deflated, Mr. Wells knows nothing. He leaves it
unanswered, and he leaves it unanswered because he cannot
answer it. All he can do is to fill a pamphlet with loud personal abuse.
I do not think it difficult to discover his motive or the calculation
upon which he worked. He said to himself: “I have a vast reading
public which will buy pretty well anything I write, and very few of
whom have seen or will see Belloc’s work. For to begin with he has
no such huge popular sales as mine; and on the top of that his work
is only written for his co-religionists, who are an insignificant body.
Also it only appeared in a few of their Catholic papers, which nobody
reads.
“Therefore, if I write a pamphlet against Belloc holding him up to
ridicule in every possible fashion, slanging him with the violence so
dear to the populace, making him out to be a grotesque fellow—and
yet shirking nine-tenths of his criticism—I am in no danger of
exposure. The pamphlet attacking Belloc will be very widely read,
people will believe anything I say in it about his articles, because
they will not have read these articles and because, in their simplicity,
they think me a great scientist.”
This calculation is partially justified.
I suppose that for ten men who may read Mr. Wells’s pamphlet
against me, there will not perhaps be more than one who will read
this, my reply.
But I would like to point out to Mr. Wells that success of this kind
is short-lived. No one can read what I have said in the second
section of this pamphlet, no one can read that list of authorities of
whom Mr. Wells has not even heard, and whom he loudly proclaimed
not even to exist, without discovering that the author of the Outline of
History was incompetent for his task. Very few people, I think, faced
with chapter and verse of that sort, can refrain from passing on the
good news.
If you take the history of opinion upon matters of positive fact,
you will generally discover that the discovery of the truth affects at
first but a small circle, and that a popular error may cover a whole
society. But it is the truth that wins in the long run, because the truth
is not soluble: it is hard and resistant. The number of people who
continue to believe that there has been no modern destructive
criticism of Darwinism by the greatest of modern biologists,
anthropologists, and scientific men, bearing the highest names in our
civilisation, will necessarily be progressively lessened as time goes
on. The half educated of any period are always cocksure of things
which the real science of that period has long ago abandoned; but
their situation is not a stable nor a permanent one. Sooner or later
they learn. So undoubtedly will it be with Darwinian Natural
Selection.
Mr. Wells’s incompetence in that one department of his history
has been exposed. I have exposed it. But note that he was here on
his own chosen ground. He boasted special instruction in these
affairs of physical science, and particularly in biology; he contrasted
his education with my own, which had been so deplorably limited to
the Humanities, and in his attack upon me he was fighting wholly
upon a position chosen by himself.
What then would it have been had he attempted to meet the rest
of my criticism, filling up as it does much the greater part of my
book?
How will he meet my objection that the man who tries to talk
about the Roman Empire, and our civilisation which is its product,
without any mention or conception of Latin literature and its effect, is
incompetent?
How would he deal with the simple and obvious but conclusive
fact that physical discovery was not the cause of religious disruption,
as may be proved by the simple fact that it came after and not before
that disruption?
How will he handle my pointing out that he knows nothing of the
history of the early Church and has no conception of what the
Christian traditions and sub-Apostolic writings were?
What will he make of my showing him to be ignorant of Catholic
philosophy and Catholic definition, and yet absurdly confident in his
attack on what he supposes them to be?
Anyone can see how he deals with my criticism of him in all
these things. He is silent. He does not rebut it, because he cannot
rebut it. If he could have done so even in the briefest and most
elementary fashion, there would have been at least a few sentences
to that effect in his pamphlet. There were none except one vague
phrase on the contemporary doctrine of the Incarnation.
In plain English Mr. Wells shirks. He shirks the great mass of my
attack. He submits in silence to the bombardment—because he has
no power to reply.
Yet surely these proved absurdities on recorded history, and not
his backwardness in biological science, are the main thing he has to
meet.
It is principally through recorded human history and not through
guess work upon the unknown past, that he should rely, in order to
upset the Christian Faith of his readers.
The history of our race becomes a definable and concrete thing
only after the establishment of record, and if he fail there manifestly
—as he has failed—he fails altogether.
Mr. Wells must, I think, have heard the famous dictum of the late
Master of Balliol upon his Outline—a judgment which has already
been quoted by more than one critic, and which I am afraid he will
hear repeated pretty often before he has done with it. That very
learned historian remarked: “Wells’s Outline was excellent until it
came to Man”; and upon the whole it is about the truest epigram that
could have been written. Save perhaps this. Mr. Wells’s Outline is
excellent until he begins to deal with living things—somewhere about
page ten.
VI
THE GREAT ROSY DAWN
THE last factor in Mr. Wells’s pamphlet is one that we must always
expect from your Bible Christian who has lost his God. He becomes
a materialist troubled with Pantheism, and very eager to get away
from the Puritan disease of his youth—yet a vision remains. He
comes forward as the “Seventh Monarchy man,” which is, indeed,
the natural term of your Bible Christian—even after he has lost his
God.
“I see knowledge,” says Mr. Wells at the end of his diatribe,
“increasing and human power increasing, I see ever-increasing
possibilities before life, and I see no limit set to it at all. Existence
impresses me as perpetual dawn. Our lives as I apprehend them,
swim in expectation.”
We have had this before over and over again, not only from the
enthusiasts of the seventeenth century, but from the enthusiasts of
the early heresies. There was a glorious time coming. Reality—that
is the Faith—is a delusion. Now that you know it to be a delusion you
are naturally down in the mouth. But cheer up, I have a consolation
for you. All will yet be well; nay, much better. All is going forward. My
donkey will soon grow wings.
I need not waste my reader’s time on that sort of thing. It is sheer
stupid enthusiasm, indulged in to fill the void left by the loss of
reason: by a man losing himself in a fog of cheap print and becoming
fantastically unaware of things as they are.
When, in that connection Mr. Wells tells me that we of the Faith
are backward people, who “because it is necessary for their comfort
believe in Heaven and Hell” (a comfortable place Hell!) I answer that
he appreciates the Faith as a man born blind might appreciate
colour. When he tells me that this Catholic sort (to which I belong)
are besotted to stand by accepted morals, beget children honestly,
love one wife and live decently, I answer him that he is becoming
disgusting. When he says that we believe in immortality “because we
should be sorry to grow old and die,” I answer that he is talking
nonsense on such a scale that it is difficult to deal with it.
When he goes on to say that we think we live on a “flat World” it
becomes worse still, and one can’t deal with it; it is no longer
nonsense, it is raving.
When he tells us that the Catholic has about him “a curious
defensive note,” I am afraid he must be thinking of the Church
Congress. There was certainly no “curious defensive note” in my
demolition of his own ignorance, vanity and lack of balance.
When he tells us that I, as a Christian, “must be puzzled not a
little by that vast parade of evolution through the immeasurable
ages,” he clearly has not the least grasp of the very simple principle
that eternity is outside time, and that relative values are not to be
obtained by mere measurement in days or inches. When he says
that “my” phantasy of a Creator....
Really, my dear Mr. Wells, I must here interrupt. Why “my”
phantasy? Not that he uses the word “phantasy,” but he implies that I
invented God (another enormous compliment to me). Does he not
know that the human race as a whole, or at any rate the leading part
of it, including his own immediate honourable ancestry, pay some
reverence to Almighty God, and humbly admits His creative power
and Sustained Omnipotence? But I must resume.
... that my phantasy of a Creator has worked within
disproportionate margins both of space and time; when he tells me if
I reach beatitude I shall feel like a fish out of water; when he speaks
like this, I recognise the unmistakable touch of the Bible Christian
who has lost his God.
Mr. Wells has never met anybody, I suppose, of sufficient
breadth of culture to instruct him in these things. He does not know
that the truths of the Faith cannot be visualised; he does not know
that the Faith is a philosophy; he does not know that our limitations
are no disproof of an infinite Creator.
He boasts that his education was a modern one, and taught him
things that were unknown a hundred years ago. So was mine. I also
was taught that the Earth was a globe, that geological time was
prolonged, and the rest of it, but I was also taught how to think, and I
was also taught a little—not very much—history.
For instance, I was taught enough to know that the doctrine of
immortality did not arise in the Middle Ages, as Mr. Wells thinks it
did, nor even the doctrine of eternal beatitude. But I was taught
enough to regard these great mysteries with reverence and not to
talk about them as preposterous. In other words, I was taught not to
measure the infinite things of God, nor even the great things of
Christendom, by the standards of the Yellow Press.
When Mr. Wells concludes this passage by saying, “I strut to no
such personal beatitude,” and then goes on to say, “the life to which I
belong uses me and will pass on beyond me, and I am content,” he
does two unintelligent things. First of all, he mixes up the real with
the imaginary (for whether he will attain beatitude or its opposite has
nothing whatever to do with his opinions upon the subject), and next
he falls into the very common error of confused intellects—the
personification of abstract ideas. “The life to which we belong uses
us” is a meaningless phrase. God may use us or we may use
ourselves, or some other third Will, not God’s or our own, may use
us: but “the life to which we belong” does not use us. Talking like that
is harmless when it is mere metaphor, it is asinine when it sets up to
be definition.
He accuses the Christian of being anthropomorphic: it is just the
other way. It is we who are perpetually compelled to drag back
inferior minds to a confession of their own apparently ineradicable
tendency to talk in terms of their own petty experience; to imagine
that the whole world has “progressed” because they have daily hot
baths and bad cooking, while in their childhood they had only
occasional hot baths, but better cooking; that more people voting is
“progressive” as compared with people not voting at all; that a lot of
rich people going from England to the Riviera every year is
“progressive” compared with staying at home in the hideous
surroundings of poor old England.
This leads Mr. Wells, as it always does all his kind, to prophecy.
We are all of us approaching what I may call The Great Rosy Dawn:
a goldmine: a terrestrial Paradise.
This sort of exaltation is the inevitable first phase of Bible-mania
in decay. But it is a very short phase. It is the shoddy remnant of the
Christian hope, and when it is gone there will return on us, not the
simple paganism of a sad world, but sheer darkness: and strange
things in the dark.
A COMPANION
TO MR. WELLS’S
“OUTLINE OF HISTORY”
BY
HILAIRE BELLOC
CONTENTS
CHAPTER
I. Introduction
II. Mr. Wells and the Creation of the World
III. Mr. Wells and the Fall of Man
IV. Mr. Wells and God
V. Whence came Religion to Man?
VI. We come to Real History
VII. Mr. Wells on Priesthood
Buddhism as a Stick with which to beat the
VIII. Christians
IX. Mr. Wells and the Incarnation
X. The Origins of the Church
XI. Islam
XII. The Christian Dark Ages
XIII. The Middle Ages
XIV. The Reformation
XV. The Fruit of Disruption
XVI. Mr. Wells’s Strange Obsession that the
Catholic Church has been Killed Stone Dead
by Mr. Darwin
Summary
Transcriber’s Notes
Punctuation, hyphenation, and spelling were made
consistent when a predominant preference was found in the
original book; otherwise they were not changed.
Simple typographical errors were corrected; unbalanced
quotation marks were remedied when the change was
obvious, and otherwise left unbalanced.
*** END OF THE PROJECT GUTENBERG EBOOK MR. BELLOC
STILL OBJECTS TO MR. WELLS'S "OUTLINE OF HISTORY" ***
Updated editions will replace the previous one—the old editions will
be renamed.
Our website is not just a platform for buying books, but a bridge
connecting readers to the timeless values of culture and wisdom. With
an elegant, user-friendly interface and an intelligent search system,
we are committed to providing a quick and convenient shopping
experience. Additionally, our special promotions and home delivery
services ensure that you save time and fully enjoy the joy of reading.
testbankfan.com