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Vocabulary exercises

  1. Give the Ukrainian for the following words and word-combination:

marketing; market-research; storage; advertising; marketing operation; research and development; pricing option; competitor; price leader; channel of distribution; wholesaler; retailers; promotion; department store.

  1. Form nouns from the following verbs:

transport; move; manufacture; achieve; promote; develop; introduce; communicate.

  1. Find the corresponding synonyms in the right-hand column:

1. Insure

a. Choice

2. Retailer

b. Set as a price

3. Price with the market

c. One who sells in small amounts to customer

4. Option

d. Please

5. Competitor

e. Guarantee

6. Personal

f. The path goods take when moving from manufacturer to customer

7. Objective

g. Private; relating to an individual

8. Satisfy

h. Accomplish

9. Take place

i. To charge an average

10. Channel of distribution

j. Occur; happen

11. Charge

k. Rival; opponent

12. Achieve

l. Goal

  1. Fill in the blanks with the most appropriate terms from the list

Vital, insure, retailer, prices, placement, charge, wholesaler, price leader, take place, channel of distribution.

The most common ______ manufacturer ______ wholesaler

______ consumer. Distribution can, however, ______ through slightly modified channels. For example, products are sometimes sold directly by the retailer. Generally, wholesalers ______ lower ______ then retailers and sell in larger quantities. Together, these channels of distribution play a ______ role in the ______ element of marketing.

V. Match each term with its definition in the right-hand column

1. Marketing

a. That which is being kept for future use or implementation

2. The four P’s

b. A communication intended both to inform and persuade

3. Storage

c. The path goods take when moving –

first from the manufacturer and ultimately to the customer.

4. Advertising

d. A company that controls a large enough share of a market to be a major factor in the pricing of the goods or services in that market.

5. Price

e. The movement of goods and services from a business to its clients in order to satisfy customer demands as well to achieve company objectives.

6. Price leader

f. The four main elements of marketing: product, price, placement, and promotion.

7. Channel of distribution

g. The money value of a good or service

8. Wholesaler

h. An individual or business acting as the intermediary or middleman in the distribution channel between the producer/manufacturer and the retailer. Generally sells in large quantities.