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

Tony Pool Chemical Co.purchased 144 buckets of chlorine tablets over the Internet from Chemical,Inc. ,which then placed the order with the manufacturer and arranged for its transportation by truck to the Tony Pool store.Chemical,Inc.is an example of which of the following?

A corporate VMS has the advantage of controlling the entire distribution chain under ________.

Which of the following figures is needed to calculate inventory turnover?

Which of the following is the term for the firms and individuals who help move a product to the consumer or the business user?

What are some advantages of a farmer selling strawberries grown on his farm directly to consumers instead of using channel intermediaries?

Which of the following statements about business-to-business channels is true?

Which of the following modes of transportation would most likely be used to quickly haul lettuce from California,where it was grown,to markets in Nevada?

Offering credit to buyers and providing refund services for products are both examples of ________ functions provided by channel intermediaries.

Traditional record labels are now able to control the online distribution piracy problems that had plagued the music industry in the past.

How can a company benefit from just-in-time inventory techniques?

When Sherwin-Williams Paint Company has single ownership of integrated,successive stages of production and distribution,it has created a corporate VMS.

Which type of distribution is used when the producer wants to place its products with more than one,but fewer than all,of the intermediaries who are willing to carry its products?

Tony Pool Chemical Co.purchased 144 buckets of chlorine tablets over the Internet from Chemical,Inc. ,then placed the order with the manufacturer and arranged for its transportation by truck to the Tony Pool store.Chemical,Inc.took title to the pool chemicals but never actually took possession of them.Chemical,Inc.is an example of a ________.

A business buys candy and gum from many different manufacturers and then resells the items to a variety of different stores.The business is an example of a(n)________.

A U.S.wool producer that wants to export its product to Europe could use a selling agent or a merchandise broker.

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

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

In a conventional marketing system,no channel member has much control over the other members,and no formal means exists for assigning roles and resolving channel conflict.

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

To a producer of goods,a greater number of channel levels means ________.