Question 1

_____ are costly to build but transport liquid and gas goods cheaply once constructed.

Accepted Answer

A)  Pipelines 
B)  Railroads 
C)  Cargo ships 
D)  Airlines 
E)  Trucking fleets 
A)  Pipelines 
B)  Railroads 
C)  Cargo ships 
D)  Airlines 
E)  Trucking fleets

Question 2

_____ provide logistics services for part or all supply chain management functions.

Accepted Answer

Third-part

Question 3

List transportation methods utilized by firms and explain the advantages and disadvantages of each.

Accepted Answer

-Trucks-Advantages include versatility a

Question 4

Metal boxes that are used to ship consumer goods on cargo ships are known as _____.

Accepted Answer

A)  shipment containers 
B)  transportation containers 
C)  cargo containers 
D)  intermodal containers 
E)  consumer containers 
A)  shipment containers 
B)  transportation containers 
C)  cargo containers 
D)  intermodal containers 
E)  consumer containers

Question 5

Purchasing goods and services for an organization is known as procurement.

Accepted Answer

A) True 
 B)False

Question 6

Shipping via waterway is _____.

Accepted Answer

A)  growing 
B)  fast 
C)  inexpensive 
D)  versatile 
E)  direct to consumer 
A)  growing 
B)  fast 
C)  inexpensive 
D)  versatile 
E)  direct to consumer

Question 7

A 3PL is a one-stop shipping solution for a company that wants to focus on other aspects of its business besides logistics.

Accepted Answer

A) True 
 B)False

Question 8

Explain the advantages of RFID tagging.

Accepted Answer

Consumers can benefit from this type of

Question 9

Explain the negative arguments of RFID tagging.

Accepted Answer

Some consumer groups are afraid that pri

Question 10

The physical flow of materials in the supply chain is known as _____.

Accepted Answer

The answer of The physical flow of materials in the...

Question 11

_____ 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 12

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 13

Produce is easy to trace due to electronic product codes.

Accepted Answer

A) True 
 B)False

Question 14

Warehouses and distribution centers are becoming more automated and wired.

Accepted Answer

A) True 
 B)False

Question 15

Explain the disadvantages of outsourcing.

Accepted Answer

The first disadvantage of outsourcing is

Question 16

Inventory control occurs when a firm runs out of a product a customer wants to buy.

Accepted Answer

A) True 
 B)False

Question 17

A _____ is a warehouse where the emphasis is on processing and moving goods on to wholesalers,retailers,or consumers.

Accepted Answer

A)  distribution center 
B)  hub-and-spoke system 
C)  dispatcher 
D)  supply chain 
E)  wholesaler 
A)  distribution center 
B)  hub-and-spoke system 
C)  dispatcher 
D)  supply chain 
E)  wholesaler

Question 18

An advantage of outsourcing is that:

Accepted Answer

A)  it takes less time for a company to get the finished goods into the hands of its consumers at home. 
B)  the safety of products is easily managed. 
C)  the quality of products is guaranteed. 
D)  it can add value to the product. 
E)  technologies are kept to the company. 
A)  it takes less time for a company to get the finished goods into the hands of its consumers at home. 
B)  the safety of products is easily managed. 
C)  the quality of products is guaranteed. 
D)  it can add value to the product. 
E)  technologies are kept to the company.

Question 19

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 20

The management of the resources,events,and processes needed to create an offering is known as demand planning.

Accepted Answer

A) True 
 B)False

_____ are costly to build but transport liquid and gas goods cheaply once constructed.

_____ provide logistics services for part or all supply chain management functions.

List transportation methods utilized by firms and explain the advantages and disadvantages of each.

Metal boxes that are used to ship consumer goods on cargo ships are known as _____.

Purchasing goods and services for an organization is known as procurement.

Shipping via waterway is _____.

A 3PL is a one-stop shipping solution for a company that wants to focus on other aspects of its business besides logistics.

Explain the advantages of RFID tagging.

Explain the negative arguments of RFID tagging.

The physical flow of materials in the supply chain is known as _____.

_ decisions are made more frequently than _ decisions.

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

Produce is easy to trace due to electronic product codes.

Warehouses and distribution centers are becoming more automated and wired.

Explain the disadvantages of outsourcing.

Inventory control occurs when a firm runs out of a product a customer wants to buy.

A _____ is a warehouse where the emphasis is on processing and moving goods on to wholesalers,retailers,or consumers.

An advantage of outsourcing is that:

Lead time is closely related to:

The management of the resources,events,and processes needed to create an offering is known as demand planning.

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 the Changing Media Landscape

Public Relations, Social Media, and Sponsorships

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

_____ are costly to build but transport liquid and gas goods cheaply once constructed.

_____ provide logistics services for part or all supply chain management functions.

List transportation methods utilized by firms and explain the advantages and disadvantages of each.

Metal boxes that are used to ship consumer goods on cargo ships are known as _____.

Purchasing goods and services for an organization is known as procurement.

Shipping via waterway is _____.

A 3PL is a one-stop shipping solution for a company that wants to focus on other aspects of its business besides logistics.

Explain the advantages of RFID tagging.

Explain the negative arguments of RFID tagging.

The physical flow of materials in the supply chain is known as _____.

_____ decisions are made more frequently than _____ decisions.

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

Produce is easy to trace due to electronic product codes.

Warehouses and distribution centers are becoming more automated and wired.

Explain the disadvantages of outsourcing.

Inventory control occurs when a firm runs out of a product a customer wants to buy.

A _____ is a warehouse where the emphasis is on processing and moving goods on to wholesalers,retailers,or consumers.

An advantage of outsourcing is that:

Lead time is closely related to:

The management of the resources,events,and processes needed to create an offering is known as demand planning.

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 the Changing Media Landscape

Public Relations, Social Media, and Sponsorships

Professional Selling

Customer Satisfaction, Loyalty, and Empowerment

Price,the Only Revenue Generator

The Marketing Plan

Filters

_ decisions are made more frequently than _ decisions.