What function of logistics enables companies to compensate for dissimilar production and consumption rates and stabilize prices and availability of seasonal items?
What function of physical distribution enables companies to compensate for dissimilar production and consumption rates and stabilize prices and availability of seasonal items? private warehouse.
What are the three primary tasks of order processing?
The three main tasks in order processing is order entry, order handling, and order delivery. Order entry is when a customer or a salesperson for the company places an order.
What is an industrial distributor in marketing?
Unlike manufacturers’ representatives, who take on the role of sales representatives and work on a commission basis, industrial distributors take possession of the products they sell and assume the role of partner with manufacturers.
What is the primary determinant in deciding how materials will be handled?
What is the primary determinant in deciding how materials will be handled? They involve long-term commitment and affect customer accessibility. supplier furnishes a product to a channel member with the stipulation that the channel member must purchase other products as well.
Is a facility where goods are received stored and redistributed to company stores or customers?
A distribution center for a set of products is a warehouse or other specialized building, often with refrigeration or air conditioning, which is stocked with products (goods) to be redistributed to retailers, to wholesalers, or directly to consumers.
What is a primary difference between an industrial distributor and a manufacturers agent group of answer choices?
What is a primary difference between an industrial distributor and a manufacturers’ agent? A manufacturers’ agent does not acquire title nor usually take possession of the products whereas an industrial distributor does.
Why do companies have distributors?
Distributors play a vital role in smoothly connecting manufacturers and customers. They can expedite response times, enhance a company’s reach, and even create value-added packages that complement a company’s product offering or scope.
What are the practice problems in Mktg 321?
To accomplish this goal, channel members need to a) work independently. b) avoid cooperation due to antitrust considerations. c) work with competitors and share information. d) increase competition among channel members.
What happens if one intermediary serves both producers and buyers?
If one intermediary serves both producers and buyers, the number of possible transactions is a) fifteen. b) five. c) eighteen. d) six. d) six. a) most products would be much less expensive because fewer companies would be handling the product. b) products would be cheaper because the functions of intermediaries would be eliminated.
Which is an example of a supply chain management system?
This is an example of a) supply chain management. b) a vertical marketing system. c) a horizontal marketing system. d) channel conflict. e) dual distribution. a) supply chain management. a) consumes about one-half of every dollar spent on products in the United States. b) directs the flow of products from producers to customers.
Which is an example of a vertical marketing system?
Wal-Mart is working with its suppliers, using tools such as electronic billing, purchase order verification, and bar code technology, to integrate data used to improve overall performance. This is an example of a) supply chain management. b) a vertical marketing system. c) a horizontal marketing system. d) channel conflict.
