Exam 11: Deliver Value Through Supply Chain Management,channels of Distribution,and Logistics

Grayville Rock and Gravel,located in a seaport town,sells rock,gravel,and sand to local markets.It has just been awarded a contract with a company 500 miles down the coast.Management should consider switching from truck to ________ transport to save money.

Explain channel power in a vertical marketing system.

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

A restaurant that features a serve-yourself buffet,which eliminates the need for a full wait staff,is using disintermediation.

Which of the following should be the first step in distribution planning?

Which of the following are manufacturer-owned facilities that do not carry inventory but provide selling functions for the manufacturer in a specific geographic area?

Explain the concept of the supply chain.

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 ________.

Which of the following is in place when a producer,dealer,wholesaler,retailer,or customer interacts with more than one type of channel?

The theft and unauthorized repurposing of intellectual material via the Internet is called ________.

A supply chain relies on profitable relationships all along the way.How might Walmart rely on its marketing partners in order to offer low prices?

Producers benefit from using intermediaries because they ________.

Wholesalers and retailers create efficiencies in the flow of goods from producer to end consumer by ________ when they provide a variety of products in one location.

The owner of a grocery store wants to have non-food items delivered,priced,displayed,and inventoried by a wholesaler.Which type of wholesaler best fits the owner's needs?

Which of the following is most likely exclusively distributed?

Through a process of ________,traditional intermediaries are being eliminated as many companies question the value added by layers in the distribution channel.

What type of utility does warehousing provide to consumers by holding onto products until consumers need them?

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.

What types of products are exclusively distributed?

Which of the following is another name for the channel leader?