Exam 15: Deliver Value Through Supply Chain Manage-Ment: Channels of Distribution and Logistics

Which of the following are intermediaries that receive fees for facilitating transactions in markets such as real estate,food,and used equipment in which there are a lot of small buyers and sellers?

Which of the following is the series of firms or individuals that facilitate(s)the movement of a product from the producer to the final customers?

Channels of distribution provide which of the following?

Which of the following statements about merchandise brokers is true?

Functions provided by channel intermediaries that make the purchase process easier for customers and manufacturers are referred to as functions.

Which group of independent intermediaries can be divided into the two broad types of full- service and limited- service?

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

A new company called LidRock is prospering because it figured out a novel way to get music,video games,and movies into the hand of consumers: on mini- CDs tucked into the lids of soft drinks.LidRock is focusing on which one of the four Ps?

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

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

Which of the following activities in the value chain involves the transformation of materials into final product form,such as by machining,packaging,and assembly?

Truck jobbers are limited- service merchant wholesalers who would most likely handle which of the following?

A(n)brings buyers and sellers together and assists in negotiations.

Each department in a company that carries out value- creating activities can be thought of as a link in the company's .

Which of the following are manufacturer- owned facilities that carry inventory and provide sales and services to customers?

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 _ _.

Which type of vertical marketing system (VMS)gives an organization more control over both supply sources and resale of its products,while at the same time increasing the organization's capital investment and its fixed costs?

In logistics,the focus should be on the customer.

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.

Once an organization has developed its distribution objectives,it should next _.