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Test your basic knowledge |
Supply Chain Management And Logistics
Start Test
Study First
Subject
:
business-skills
Instructions:
Answer 38 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Provide retailers with display units - check inventories - and replace merchandise for the retailers
Channel Leader
Distribution decisions can create ethical dilemma
Rack Jobbers
Enterprise Resource Planning (ERP) Systems
2. Sell through catalogs - telephone - or mail order
Intermediaries
Wholesaling Intermediaries
Mail-Order
Channel Intermediaries
3. Provide products for small-business customers who purchase at wholesaler's location
Knowledge Management
Intermediaries
Logistics
Cash & Carry Wholesalers
4. 20% of sales goes towards physical distribution
RFID Chip
Logistics
Importance of Physical Distribution
Knowledge Management
5. The series of activities that occurs between the time an order comes into the organization and the time a product goes out the door
Physical Distribution
Intensive Distribution
Order Processing
Wholesaling Intermediaries
6. An arrangement within a channel of distribution in which two or more firms at the same channel level work together for a common purpose
Value Chain
Drop Shippers
Independent Intermediaries
Horizontal Marketing System
7. A comprehensive approach to collecting - organizing - storing - and retrieving a firm's information assets
Knowledge Management
RFID Chip
Disintermediation
Supply Chain
8. Selling a product through all suitable wholesalers or retailers that are willing to stock and sell the product
Physical Distribution
Intensive Distribution
Merchandise agents/brokers
Knowledge Management
9. A software system that integrates info from across the entire company - including finance - order fulfillment - manufacturing - and transportation and then facilitates sharing of the data throughout the firm
Independent Intermediaries
Exclusive Distribution
Enterprise Resource Planning (ERP) Systems
Selective Distribution
10. Deliver perishable food and tobacco items to retailers
Selective Distribution
Truck Jobbers
Manufacturer Intermediaries
Cash & Carry Wholesalers
11. A series of activities involved in designing - producing - marketing - delivering - and supporting any product. -Each link in the chain has the potential to either add or remove value from the product the customer eventually buys
Intermediaries
Truck Jobbers
Value Chain
Mail-Order
12. Providing a variety of products in one location to meet the needs of buyers
Drop Shippers
Channel Leader
Hybrid Marketing System
Creating Assortments
13. A marketing system that uses a number of different channels and communication methods to serve a target market
Disintermediation
Selective Distribution
Hybrid Marketing System
Creating Assortments
14. The process of designing - managing - and improving the movement of products through the supply chain. Includes: purchasing - manufacturing - storage - and transport
Breaking Bulk
Logistics
Hybrid Marketing System
Conventional Marketing System
15. Slotting allowance - Size of channel intermediaries
Order Processing
Slotting Allowance
Distribution decisions can create ethical dilemma
Independent Intermediaries
16. Intermediaries that buy goods from manufacturers (take title) and sell to retailers and other B2B customers.
Knowledge Management
Intensive Distribution
Horizontal Marketing System
Merchant Wholesalers
17. Selling a product only through a single outlet in a particular region
Manufacturer Intermediaries
Logistics
Importance of Physical Distribution
Exclusive Distribution
18. Product size - assortment - location - hours of operation
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19. Radio Frequency Identification
RFID Chip
Truck Jobbers
Drop Shippers
Wholesaling Intermediaries
20. A fee paid in exchange for agreeing to place a manufacturer's products on a retailer's valuable shelf space
Supply Chain
Slotting Allowance
Creating Assortments
Intermediaries
21. Distribution using fewer outlets than intensive distribution but more than exclusive distribution
Selective Distribution
Horizontal Marketing System
Rack Jobbers
Merchant Wholesalers
22. Channel intermediaries that are not controlled by any manufacturer but instead do business with many different manufacturers and many different customers
Truck Jobbers
Cash & Carry Wholesalers
Independent Intermediaries
Conventional Marketing System
23. The elimination of some layers of the channel of distribution in order to cut costs and improve the efficiency of the channel
Manufacturer Intermediaries
Channel Intermediaries
Independent Intermediaries
Disintermediation
24. Transactional Functions- contacting - promoting - taking risk - Logistical Functions- physically distributing - storing - sorting - Facilitating Functions- make purchase process easier
Intermediaries
Merchant Wholesalers
Knowledge Management
Selective Distribution
25. A firm at one level of distribution that takes a leadership role - establishing operating norms and processes based on its power relative to other channel members
Logistics
Channel Leader
Disintermediation
Rack Jobbers
26. The number of distinct categories of intermediaries that populate a channel of distribution
Channel Levels
Merchant Wholesalers
Exclusive Distribution
Conventional Marketing System
27. A multiple-level distribution channel in which channel member work independently on one another
Order Processing
Disintermediation
Channel Levels
Conventional Marketing System
28. Sales Branches- carry inventory - provide sales and service support - Sales Offices-similar to agents - do not carry inventory but provide selling functions - Manufacturers Showrooms- permanent product displays for customers to visit
Disintermediation
Manufacturer Intermediaries
Vertical Marketing System (VMS)
Independent Intermediaries
29. Provide service in exchange for commissions - Manufacturing agents/reps
Merchandise agents/brokers
Slotting Allowance
Cash & Carry Wholesalers
Supply Chain
30. Merchant wholesalers - merchanidse agents/brokers
Mail-Order
Independent Intermediaries
Intermediaries' Variety
Slotting Allowance
31. Take orders from and bill retailers for products drop-shipped from manufacturer
Channel Leader
Independent Intermediaries
Supply Chain
Drop Shippers
32. Firms or individuals such as wholesalers - agents - brokers - or retailers who help move a product from the producer to the consumer or business user
Disintermediation
Breaking Bulk
Mail-Order
Channel Intermediaries
33. The activities that move finished goods from manufacturers to final customers - including order processing - warehousing - materials handling - transportation - and inventory control
Order Processing
Physical Distribution
Merchant Wholesalers
Knowledge Management
34. A channel of distributing in which there is formal cooperation among members at the manufacturing - wholesaling - and retailing levels
Intermediaries' Variety
Vertical Marketing System (VMS)
Conventional Marketing System
Drop Shippers
35. Dividing larger quantities of goods into smaller lots in order to meet the needs of buyers
Intermediaries' Variety
Creating Assortments
Channel Intermediaries
Breaking Bulk
36. All the activities necessary to turn raw materials into a good or service and put it in the hands of the consumer or business customer
Cash & Carry Wholesalers
Supply Chain
Drop Shippers
Horizontal Marketing System
37. To accept legal ownership of a product and assume the accompanying rights and responsibilities ownership
Order Processing
Mail-Order
Take Title
Cash & Carry Wholesalers
38. Firms that handle the flow of products from the manufacturer to the retailer or business user
RFID Chip
Enterprise Resource Planning (ERP) Systems
Wholesaling Intermediaries
Supply Chain