Answer each question as thoroughly as you can (but be to the point).
-Compare the practices of price fixing and predatory pricing. Explain why each is prohibited by law.
-In what way does the government regulate pricing?
-Why are companies increasingly turning to third-party logistics providers (3PLs)?
-How can a company benefit through a just-in-time logistics system?
-Explain how wholesalers have been able to use technology to cut costs.
-Explain the marketing decisions faced by wholesalers.
-Discuss the advantages and disadvantages of advertising.
-What is personal selling?