Question 1) "Intermediaries smooth the flow of goods and services". What is meant by this statement and how is it accomplished?

Question 2) Discuss briefly the functions of physical distribution

Question 3) Which type of exposurestrategy( intensive, selective and exclusive distribution) would markers most likely choose for the following products? Give concrete answers

a)Ferrari cars b)Kit Kat

Question 4) Explain the difference between store and store retailing concept. Give two example for each store and non-store retailing.

Question 5) a) Describe the advantages and disadvantages of trucks, rail, air, ship and pipeline. b) Describe the significance of packing, packaging and labelling in terms of selling elsewhere say to another country.