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18 Questions

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Types of Production and Equipment used

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Questions and Answers

What are distribution channels also known as?

Consumer routes

Pathways of movement (correct)

Marketing roads

Sales paths

Why is proper channel management crucial?

To increase production costs

To optimize product distribution (correct)

To decrease accessibility

To limit customer experience

What does vendor management involve?

Coordination with suppliers or vendors (correct)

Market research and analysis

Management of product development

Oversight of relationships with customers

Which step comes after selecting vendors in the vendor management process?

Contract Negotiation (C) Signup and view all the answers

What is the purpose of continuous monitoring of vendor performance?

To ensure timely delivery (A) Signup and view all the answers

Why is contract negotiation an important step in vendor management?

To establish terms and conditions (D) Signup and view all the answers

What is the purpose of accessory equipment in production processes?

To facilitate production but not become part of the final product (B) Signup and view all the answers

Which of the following is an example of component parts in manufacturing?

Tires added on automobiles and small motors put into vacuum cleaners (D) Signup and view all the answers

Process materials are different from component parts because:

Process materials are not fabricated further (C) Signup and view all the answers

What is the main distinction between supplies and accessory equipment?

Supplies facilitate production but do not become part of the finished product (C) Signup and view all the answers

Which type of equipment includes large tools and machines used for production purposes?

Major Equipment (B) Signup and view all the answers

In manufacturing, which category does yarn woven into cloth fall under?

Process Materials (B) Signup and view all the answers

What is the main function of wholesalers in the supply chain process?

Storing and managing inventory in warehouses (B) Signup and view all the answers

Which type of businesses are the primary customers of wholesalers?

Retailers (A) Signup and view all the answers

In the supply chain, what is the primary focus of retailing?

Selling directly to end consumers for personal use (C) Signup and view all the answers

What differentiates retailing from wholesaling in the supply chain process?

Selling to end consumers for personal use (C) Signup and view all the answers

Which activity is NOT typically associated with wholesaling in the supply chain?

Advertising directly to end consumers (D) Signup and view all the answers

What role do wholesalers play in connecting manufacturers with retailers in the supply chain?

Acting as intermediaries (B) Signup and view all the answers