Chapter 12—Marketing Channels and Supply Chain Management
TRUE/FALSE
1. A marketing channel is a business structure composed of interdependent organizations that reach from
the point of product origin to the final consumer.
2. As products move through the marketing channel, channel members provide specialization and
division of labor, overcome discrepancies, and provide contact efficiency.
3. A consumer stopped by the convenience store to buy a bag of charcoal briquettes. She only needs one
bag, but the manufacturer produces millions of bags. For consumers, the convenience store overcomes
a discrepancy of dimensions.
4. Residents of Sobarro, New Mexico, live in an isolated area of the state. Residents must travel two
hours to receive medical treatment. Luckily, a physician has just opened a new practice in Sobarro. In
this case, the physician has overcome service discrepancies by opening an office close to consumers.
5. Consider a scenario in which there are four manufacturers, no intermediaries, and three consumers.
Twelve transactions would be required for each consumer to receive products from each manufacturer.
The introduction of one intermediary reduces the required number of transactions to four and
demonstrates the idea of contact efficiency.
6. A merchant wholesaler is an institution that buys goods from manufacturers and resells them to
businesses, government agencies, and other wholesalers or retailers.