Question 1

_____ is growing faster than any other transportation method.

Accepted Answer

A) Trucks 
B) Railroad 
C) Water 
D) Pipelines 
E) Air 
A) Trucks 
B) Railroad 
C) Water 
D) Pipelines 
E) Air

Question 2

_____ makes for greater visibility among supply chain partners because they can all check the status of orders electronically rather than having to fax or e-mail documents back and forth.

Accepted Answer

Electronic

Question 3

Produce is to trace due to electronic product codes.

Accepted Answer

A) True 
 B)False

Question 4

_____ involves moving inventory through the supply chain so that products spend little or no time in warehouses.

Accepted Answer

A) Traditional storing 
B) Logistical coordination 
C) Cross-docking 
D) Value docking 
E) Supply chain management 
A) Traditional storing 
B) Logistical coordination 
C) Cross-docking 
D) Value docking 
E) Supply chain management

Question 5

A firm may push for environmental sustainability because:

Accepted Answer

A) many consumers want farmers to be paid high wages. 
B) many consumers want to pay higher prices for third-world producer wages. 
C) many consumers are willing to pay more for green products. 
D) many consumers associate the color green with quality. 
E) many consumers associate going green with supply chain management. 
A) many consumers want farmers to be paid high wages. 
B) many consumers want to pay higher prices for third-world producer wages. 
C) many consumers are willing to pay more for green products. 
D) many consumers associate the color green with quality. 
E) many consumers associate going green with supply chain management.

Question 6

Explain why it is advantageous to trace products.

Accepted Answer

Tracing products is important

Question 7

A retailer is typically a type of upstream firm.

Accepted Answer

A) True 
 B)False

Question 8

Smart companies integrate their supply chains into their marketing plans,by means such as:

Accepted Answer

A) finding ways the supply chain can create value for customers. 
B) integrating supply chain management with day-to-day operations. 
C) finding ways the supply chain can help the firm cut costs. 
D) finding ways the supply chain can aid in employee morale. 
E) integrating suppliers and retailer value propositions. 
A) finding ways the supply chain can create value for customers. 
B) integrating supply chain management with day-to-day operations. 
C) finding ways the supply chain can help the firm cut costs. 
D) finding ways the supply chain can aid in employee morale. 
E) integrating suppliers and retailer value propositions.

Question 9

One way for Amy to forecast demand is to look at her company's previous sales reports.

Accepted Answer

A) True 
 B)False

Question 10

A study suggests that companies can recover about half their annual sales by instituting "turn trash into cash" systems.

Accepted Answer

A) True 
 B)False

Question 11

Sourcing decisions decide which _____ to use.

Accepted Answer

The answer of Sourcing decisions decide which _____ to use....

Question 12

Describe the strategy Zara implemented in reference to its supply chain that ultimately provided it with a competitive advantage.

Accepted Answer

Zara saw the value in being able to get

Question 13

CPFR refers to:

Accepted Answer

A) calculating planning,funding,and repositioning. 
B) collaborative planning,funding,and replenishment. 
C) collaborative planning,forecasting,and repositioning. 
D) collaborative planning,forecasting,and replenishment. 
E) calculating planning,forecasting,and replenishment. 
A) calculating planning,funding,and repositioning. 
B) collaborative planning,funding,and replenishment. 
C) collaborative planning,forecasting,and repositioning. 
D) collaborative planning,forecasting,and replenishment. 
E) calculating planning,forecasting,and replenishment.

Question 14

_____ are the most versatile in terms of moving goods because they can go anywhere there are roads.

Accepted Answer

The answer of _____ are the most versatile in terms...

Question 15

Retailers may forego utilizing a CPFR strategy,preferring to sell sales information to third parties.

Accepted Answer

A) True 
 B)False

Question 16

Lead time is closely related to:

Accepted Answer

A) supply chain forecasting. 
B) demand forecasting. 
C) promotional pricing communications. 
D) marketing mix implementation. 
E) distribution sourcing forecasting. 
A) supply chain forecasting. 
B) demand forecasting. 
C) promotional pricing communications. 
D) marketing mix implementation. 
E) distribution sourcing forecasting.

Question 17

_____ decisions are made more frequently than _____ decisions.

Accepted Answer

A) Offshoring; forecasting 
B) Offshoring; sourcing 
C) Forecasting; sourcing 
D) Forecasting; offshoring 
E) Sourcing; forecasting 
A) Offshoring; forecasting 
B) Offshoring; sourcing 
C) Forecasting; sourcing 
D) Forecasting; offshoring 
E) Sourcing; forecasting

Question 18

_____ electronically record the paths shipments take.

Accepted Answer

Track and

Question 19

Marketers are referring to the _____ when looking to companies who sell and promote their products in addition to those who provide raw materials,transportation,and all other functions involved in creating the product.

Accepted Answer

A) demand chain 
B) value chain 
C) upstream firms 
D) downstream firms 
E) marketing channel 
A) demand chain 
B) value chain 
C) upstream firms 
D) downstream firms 
E) marketing channel

Question 20

_____ is a good option for a company transporting freshly cut flowers.

Accepted Answer

The answer of _____ is a good option for a...

_____ is growing faster than any other transportation method.

_____ makes for greater visibility among supply chain partners because they can all check the status of orders electronically rather than having to fax or e-mail documents back and forth.

Produce is to trace due to electronic product codes.

_____ involves moving inventory through the supply chain so that products spend little or no time in warehouses.

A firm may push for environmental sustainability because:

Explain why it is advantageous to trace products.

A retailer is typically a type of upstream firm.

Smart companies integrate their supply chains into their marketing plans,by means such as:

One way for Amy to forecast demand is to look at her company's previous sales reports.

A study suggests that companies can recover about half their annual sales by instituting "turn trash into cash" systems.

Sourcing decisions decide which _____ to use.

Describe the strategy Zara implemented in reference to its supply chain that ultimately provided it with a competitive advantage.

CPFR refers to:

_____ are the most versatile in terms of moving goods because they can go anywhere there are roads.

Retailers may forego utilizing a CPFR strategy,preferring to sell sales information to third parties.

Lead time is closely related to:

_ decisions are made more frequently than _ decisions.

_____ electronically record the paths shipments take.

Marketers are referring to the _____ when looking to companies who sell and promote their products in addition to those who provide raw materials,transportation,and all other functions involved in creating the product.

_____ is a good option for a company transporting freshly cut flowers.

What Is Marketing

Strategic Planning

Consumer Behavior: How People Make Buying Decisions

Business Buying Behavior

Market Segmenting, targeting, and Positioning

Creating Offerings

Developing and Managing Offerings

Using Marketing Channels to Create Value for Customers

Gathering and Using Information: Marketing Research and Market Intelligence

Integrated Marketing Communications and Traditional Media Marketing

Digital Marketing

Professional Selling

Customer Satisfaction, loyalty, and Empowerment

Price, the Only Revenue Generator

The Marketing Plan

Filters

Exam 9: Using Supply Chains to Create Value for Customers

_____ is growing faster than any other transportation method.

_____ makes for greater visibility among supply chain partners because they can all check the status of orders electronically rather than having to fax or e-mail documents back and forth.

Produce is to trace due to electronic product codes.

_____ involves moving inventory through the supply chain so that products spend little or no time in warehouses.

A firm may push for environmental sustainability because:

Explain why it is advantageous to trace products.

A retailer is typically a type of upstream firm.

Smart companies integrate their supply chains into their marketing plans,by means such as:

One way for Amy to forecast demand is to look at her company's previous sales reports.

A study suggests that companies can recover about half their annual sales by instituting "turn trash into cash" systems.

Sourcing decisions decide which _____ to use.

Describe the strategy Zara implemented in reference to its supply chain that ultimately provided it with a competitive advantage.

CPFR refers to:

_____ are the most versatile in terms of moving goods because they can go anywhere there are roads.

Retailers may forego utilizing a CPFR strategy,preferring to sell sales information to third parties.

Lead time is closely related to:

_____ decisions are made more frequently than _____ decisions.

_____ electronically record the paths shipments take.

Marketers are referring to the _____ when looking to companies who sell and promote their products in addition to those who provide raw materials,transportation,and all other functions involved in creating the product.

_____ is a good option for a company transporting freshly cut flowers.

What Is Marketing

Strategic Planning

Consumer Behavior: How People Make Buying Decisions

Business Buying Behavior

Market Segmenting, targeting, and Positioning

Creating Offerings

Developing and Managing Offerings

Using Marketing Channels to Create Value for Customers

Gathering and Using Information: Marketing Research and Market Intelligence

Integrated Marketing Communications and Traditional Media Marketing

Digital Marketing

Professional Selling

Customer Satisfaction, loyalty, and Empowerment

Price, the Only Revenue Generator

The Marketing Plan

Filters

_ decisions are made more frequently than _ decisions.