Try the fastest way to create flashcards

DECA Marketing cluster exam

4.2 (26 reviews)
Get a hint
Exclusive Distribution
Click the card to flip 👆
1 / 73
1 / 73

Students also viewed

DECA Marketing Cluster Vocab
Teacher211 terms
Profile Picture
Mrs_Welch
DECA Marketing 2024 practice exam
99 terms
Profile Picture
helenhe2160
DECA Marketing Cluster Exam Questions
100 terms
Profile Picture
camryn_owens17
DECA Marketing Cluster
Teacher241 terms
Profile Picture
swelke123
DECA Marketing Cluster Core
Teacher211 terms
Profile Picture
yomsamos
3201 chapter 12
32 terms
Profile Picture
Brettberman1
BMF I- Year 1- Unit 5
Teacher21 terms
Profile Picture
Bethany_Kell
ENTR 102, FINAL EX, CH. 10
13 terms
Profile Picture
savannahmullins2005
Deca Cluster Exam Marketing
146 terms
Profile Picture
atlkeshav
DECA Marketing cluster exam
73 terms
Profile Picture
audrey_fishy
Unit 3: Entrepreneurship
Teacher15 terms
Profile Picture
Behling-7th
sociology midterm
8 terms
Profile Picture
alemhoff20
Terms in this set (73)
Exclusive Distribution
Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product.
Electronic Data Interchange (EDI) Systems
The electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper.
Trading Partners
Business entities conducting business electronically.
Streamline
Make (an organization or system) more efficient and effective by employing faster or simpler working methods.
Slotting Allowances / Slotting Fee
A fee charged to produce companies or manufacturers by supermarket distributors (retailers) in order to have their product placed on their shelves. Known as Pay-to-Stay.
Consumer Choice
The range of competing products and services from which a consumer can choose.
Tariff
A tax or duty to be paid on a particular class of imports or exports. OR. Fix the price of (something) according to a tariff.
Horizontal Conflict
Refers to a disagreement among two or more channel members at the same level. For example, suppose a toy manufacturer has deals with two wholesalers, each contracted to sell products to retailers in different regions. If one wholesaler decides to branch its operations into the other wholesaler's region, a conflict will result.
Vertical Conflict
A disagreement between two channel members on consecutive levels. For example, if the toy manufacturer discovers its products are arriving at retail stores later than scheduled, a conflict might develop between the manufacturer and the wholesaler responsible for shipping to retailers.
Chargeback
A demand by a credit-card provider for a retailer to make good the loss on a fraudulent or disputed transaction.
Scrambled Merchandising
When a shop sells goods that are usually sold by another type of shop, in order to increase profits or attract new customers.
Direct Selling
The marketing and selling of products directly to consumers away from a fixed retail location. Peddling is the oldest form of direct selling. Modern direct selling includes sales made through the party plan, one-on-one demonstrations, and other personal contact arrangements as well as internet sales.
4 P's of Marketing
Product
Price
Place
Promotion
Executive Summary
Sometimes known as a management summary, is a short document or section of a document, produced for business purposes, that summarizes a longer report or proposal or a group of related reports in such a way that readers can rapidly become acquainted with a large body of material without having to read it all.
Project Status Meeting
A meeting to see how the project is progressing.

Flickr Creative Commons Images

Some images used in this set are licensed under the Creative Commons through Flickr.com.
Click to see the original works with their full license.