Exam 13: Supply Chain Management and Marketing Channels

A) It enables firms to act as leaders in protecting the natural environment.
B) It incorporates features and cost-cutting measures into final products.
C) It enables suppliers and business units to operate with limited or no interaction.
D) It provides structural support for developing and maintaining relationships with suppliers.

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A) They attain economies of scale through specialization and division of labor.
B) They aid downstream producers in marketing.
C) They aid retailers in creating time, place, and exchange utility for customers.
D) They attain economies of scale through minimum interaction with suppliers.

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A) It enables firms to locate stocks at fewer plants and distribution centers.
B) It helps firms focus investment on their logistical functions rather than on core business.
C) It lengthens the order-to-cash cycle.
D) It eliminates the need of using a third-party logistics company.

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A) Supply chain management reflects a completely employee-driven management philosophy.
B) Standardized products are "pushed" down through marketing channels to consumers.
C) Businesses focus on partnering with members of the supply chain to enhance customer value.
D) Companies that focus on supply chain management commonly report high inventory costs.

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A) It reflects a completely employee-driven management philosophy.
B) It enables supply chain managers to focus on pushing products down the marketing channels to consumers.
C) It enables supply chain managers to respond quickly to sudden changes in supply or demand.
D) It gives assembly line employees total control of materials, processes, money, and finished products.

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A) It is most common when the intermediary is large and can buy in large quantities directly from the manufacturer.
B) It uses agents and brokers to procure products from manufacturers.
C) It is commonly used for low-cost items that are frequently purchased, such as candy, cigarettes, and magazines.
D) It involves transferring ownership directly from the producer to the ultimate consumer.

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A) Tampography
B) Lenticular printing
C) Additive manufacturing
D) Molding

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Answers will vary. As companies become i...

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A) material and service supplier integration
B) technology and planning integration
C) measurement integration
D) relationship integration

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