CREM-001 Sample Exam - CREM-001 Free Sample, Practice Test CREM-001 Fee - Championsgroup

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Exam Code: CREM-001

Exam Name: Certified Real Estate Manager (CREM)

Certification Provider: GAQM

Related Certification: Certified Real Estate Manager (CREM)

CREM-001 Certified Real Estate Manager (CREM)

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A requirement for a hotel reservation case type states that as customers change their room selection, the total cost of the reservation updates.
How do you satisfy this requirement?
A. Configure a Validate rule for the room selection step.
B. Add a When condition to the room selection step.
C. Define a declare expression for the total cost field.
D. Apply a Disable when condition to the total cost field.
Answer: B

Which of the following channel structures have the best means of managing channel conflict?
I. Conventional
II. Vertical
III. Horizontal
IV. Multichannel
A. I and II.
B. II, III, and IV.
C. I, III, and IV.
D. II and III.
Answer: B
In vertical distribution systems, channel conflict is managed through common ownership, contractual relationships, or administration by one or a few dominant channel members. The joint nature of horizontal distribution efforts is the tool for managing channel conflict. In a multichannel system, because such a system is managed by a single entity, channel conflicts can be evaluated and managed internally. Conventional distribution systems consist of one or more independent producers, wholesalers, and retailers, each of which is a separate profit-maximizing business. The profit objective of each independent channel member may result in actions that are not profit-maximizing for the system as a whole, and the conventional distribution system offers no means for controlling channel conflict.

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