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?

<p>Contract Negotiation (C)</p> Signup and view all the answers

What is the purpose of continuous monitoring of vendor performance?

<p>To ensure timely delivery (A)</p> Signup and view all the answers

Why is contract negotiation an important step in vendor management?

<p>To establish terms and conditions (D)</p> Signup and view all the answers

What is the purpose of accessory equipment in production processes?

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

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

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

Process materials are different from component parts because:

<p>Process materials are not fabricated further (C)</p> Signup and view all the answers

What is the main distinction between supplies and accessory equipment?

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

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

<p>Major Equipment (B)</p> Signup and view all the answers

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

<p>Process Materials (B)</p> Signup and view all the answers

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

<p>Storing and managing inventory in warehouses (B)</p> Signup and view all the answers

Which type of businesses are the primary customers of wholesalers?

<p>Retailers (A)</p> Signup and view all the answers

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

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

What differentiates retailing from wholesaling in the supply chain process?

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

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

<p>Advertising directly to end consumers (D)</p> Signup and view all the answers

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

<p>Acting as intermediaries (B)</p> Signup and view all the answers

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