Exam 15: Deliver Value Through Supply Chain Management, channels of Distribution, and Logistics

Burt can visit his local hardware store and buy one 4-inch paint brush and not the case of 24 brushes that the retailer had to buy.This is an example of how the channel of distribution facilitates ________.

Explain why inventory control has such a major impact on the costs of logistics.

What types of products are intensively distributed?

Which of the following is most likely intensively distributed?

Producers benefit from using intermediaries because they ________.

There will always be a need for channel intermediaries that physically handle the product.

Which of the following is true about sales branches,sales offices,and manufacturers' showrooms?

Which of the following describes a comprehensive approach to collecting,organizing,storing,and retrieving a firm's information assets?

An appliance,television,and stereo dealer serves as an authorized repair center,provides maintenance contracts,and sells essential supplies to customers.What types of channel functions are being implemented by this dealer?

Compare and contrast a conventional marketing system with a vertical marketing system (VMS).

What are the similarities and differences between manufacturers' agents and selling agents?

To reduce inventory management costs,many companies use a system called ________,which involves carrying only small inventories of parts or merchandise,often only enough for a few days of operation.

Rack jobbers are important to both the producers and the customers of bulky products such as coal,oil,or lumber.

Channels that contain intermediaries are indirect.

Which of the following is the process of designing,managing,and improving the movement of products through the supply chain?

Explain the rationale for identifying the best modes of transportation for a product.

An independent hardware retail store 100 miles from the nearest city of more than 5,000 people but providing needed supplies for area ranchers would most likely buy its plumbing and electrical supplies through a ________.

Jewels for the Rich and Famous sells very exclusive jewelry with a minimum price of $25,000 to customers around the world.Speed of delivery to distant markets is a must.Management should use ________ as its main carrier.

Physical distribution activities include all of the following EXCEPT which one?

The supply chain only includes components dealing with the flow of materials internal to the firm.