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Questions and Answers
What is the primary focus of distribution decisions?
What is the primary focus of distribution decisions?
- To maximize profits
- To reduce costs
- To improve production processes
- To serve customers effectively (correct)
What does supply chain management (SCM) coordinate?
What does supply chain management (SCM) coordinate?
Activities involved with the flow and transformation of supplies, products, and information.
Logistics management only involves the storage of products.
Logistics management only involves the storage of products.
False (B)
Procurement involves processes to obtain resources to create value through _____, purchasing, and recycling.
Procurement involves processes to obtain resources to create value through _____, purchasing, and recycling.
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Which technology can help firms improve supply chain management capabilities globally?
Which technology can help firms improve supply chain management capabilities globally?
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What is the purpose of a marketing channel?
What is the purpose of a marketing channel?
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Customer satisfaction should be the goal of all efforts of channel members, as the ultimate consumer is the _____ of the supply chain.
Customer satisfaction should be the goal of all efforts of channel members, as the ultimate consumer is the _____ of the supply chain.
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