Logistics and Channel Management: Chapter 1 Overview Quiz

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Questions and Answers

What is the main reason for using intermediaries in the marketing channel?

  • Increase in complexity of distribution tasks.
  • Direct control over all distribution tasks.
  • Specialization and division of labor. (correct)
  • To reduce efficiency.

Why do producers and manufacturers often shift many distribution tasks to intermediaries?

  • To have more control over the distribution process.
  • To reduce costs and increase efficiency. (correct)
  • To eliminate intermediaries and work directly with retailers.
  • To complicate the distribution process for consumers.

What is the benefit of a well-structured channel with appropriate distribution tasks allocation?

  • Increasing competition among intermediaries.
  • Achieving distribution objectives effectively and efficiently. (correct)
  • Creating confusion in the distribution process.
  • Reducing the need for channel participants.

How are major types of wholesalers reflected in the Census of Wholesale Trade?

<p>By identifying different categories of wholesalers. (D)</p> Signup and view all the answers

What is an essential role of facilitating agencies in marketing channels?

<p>Assisting in promoting products to end consumers. (A)</p> Signup and view all the answers

How can the firm's distribution objectives be better achieved?

<p>By effectively allocating distribution tasks among channel participants. (C)</p> Signup and view all the answers

What is the primary responsibility of logistics?

<p>Transporting and storing materials (B)</p> Signup and view all the answers

Who used the concept of logistics many years ago to describe army procurement procedures?

<p>Greek generals (C)</p> Signup and view all the answers

Which of the following is NOT a part of logistics system?

<p>Production of goods (D)</p> Signup and view all the answers

What does a television news service do with reports collected from around the world?

<p>Deliver them to viewers (D)</p> Signup and view all the answers

In logistics, what is responsible for the journey of materials between suppliers and customers?

<p>Logistics function (B)</p> Signup and view all the answers

What is the role of logistics in relation to materials?

<p>Storing and transporting them (D)</p> Signup and view all the answers

What are the six key factors that influence the selection of mode of transportation?

<p>Freight rate, reliability, transit time, loss and damage processing, shipper market consideration, and carrier consideration (A)</p> Signup and view all the answers

What is the main goal of traffic management?

<p>To ensure safe, fast, and efficient traffic flows through existing networks (C)</p> Signup and view all the answers

What do traffic scientists investigate?

<p>Traffic flows of goods, persons, and transport means between sources and sinks (B)</p> Signup and view all the answers

Which aspect is NOT a topic covered in traffic technique?

<p>Construction of interplanetary space stations (A)</p> Signup and view all the answers

What is the primary responsibility of traffic management and traffic politics?

<p>To plan and initiate the building of new traffic networks (D)</p> Signup and view all the answers

What is the ultimate goal of traffic management?

<p>To enable and secure safe, fast, and efficient traffic flows at lowest costs (C)</p> Signup and view all the answers

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