Exam 13: Supply Chain Management and Marketing Channels

Lina orders a spare part for her custom-built bike from Lumberne Technologies Inc.The company makes use of three-dimensional printing to produce the spare part in one of the nearby branches of the firm.In this case,which of the following technologies is used to produce the spare part?

Third-party logistics companies or logistics integrators are consulting-based organizations that assess another's entire logistical service needs and provides integrated solutions,often drawing on multiple fourth-party logistics companies for actual service.

DutiLog Inc.is a company that specializes in providing warehousing space and transportation solutions to a diverse group of firms.Given this information,DutiLog Inc.is an example of a third-party logistics company.

What are the advantages of M-commerce? Why is it important?

Offshoring reduces transportation costs of a company.

Under the _____ philosophy,functional areas in a company such as marketing,sales,or research/development communicate frequently and are synchronized with purchasing,manufacturing,and logistics.

A _____ is defined as a system of management practices that are consistent with a systems thinking approach.

Identify a true statement about agile companies.

Which of the following statements is true of supply chain oriented firms?

Drop and shop programs use convenience to get consumers to recycle products,like batteries or cell phones,during a regular trip to the store.

Warehousing space is an example of a third-party logistics company product.

Identify a true statement about supply chain management.

Which of the following statements is true of retailers?

Agents and brokers are wholesaling intermediaries who take title to goods and services they market.

Castle Brew Inc.,a leading multinational beverage manufacturing company,coordinates with Waste Yard Inc.,a waste management company,to devise a strategy that would help in recycling and reusing beverage bottles.Castle Brew Inc.plans to install hundreds of machines that would recycle empty bottles in many locations and provide rewards to those consumers who participate in the initiative as it believes that this initiative would help protect the environment.In this scenario,Castle Brew Inc.is practicing _____.

Mezzah Bros.,a video store that sells DVDs and entertainment publications,stores its products in separate warehouses.Moreover,it uses different modes of transportation to deliver them to customers.This scenario illustrates the _____ of Mezzah Bros.

A _____ enables consumers to return products to the retailer or manufacturer in the event of a product defect,or at the end of the product's useful life to the consumer.

Which of the following statements is true of channel members?

Sustainable supply chain management primarily involves integrating and balancing environmental,social,and economic thinking into all phases of the supply chain management process.

A company's supply chain includes all of the companies involved in the upstream and downstream flow of products,services,finances,and information,extending from initial suppliers to the ultimate customer.