Solution: access to raw material suppliers
Explanation: The wholesalers ensures the availability of raw material which are very important in the production function. It saves time and cost.
Question 2 (1 point) Wilson Distributors purchases products from manufacturers and then resells these to retailers....
1. which of the following is a sourcing strategic decision? A- which products or services should be supplied from offshore? B- how should suppliers be managed on an ongoing basis? C- which suppliers should be selected to provide products or services? D- all of the above 2. Purchasing actvities include A- choosing suppliers B- negotiating contracts C- managing buyer-suppliers relationships D- all of the above 3. Which of the following is a purchasing decision? A- which products and services does...
The purpose is to step back from the specific personal finance products and services and consider the question of how to develop a winning personal financial plan. 1. Assuming the average American consumer does not actively develop a personal financial plan, who is most likely to influence personal financial decision. Provide three examples of so called "financial advisors" one would meet along as consumers become adults and consume financial products. From mortgages, to the credit card offers in student unions,...
For apparel manufacturers, its raw material costs can rise for numerous and often uncontrollable reasons. This, in turns, has a negative impact on the company and consumers. For example, severe weather or increased fuel cost can impact the supply and cost of needed materials. Also, if farmers or others who grow the needed raw materials decide to grow other products, the company’s supply chain may be interrupted. A standard is a benchmark for measuring performance. Standards are found everywhere. Standards...
Question 11 (1 point) For a consumer products marketer who is selling to a reseller, which of the following statements regarding reseller needs is MOST LIKELY correct? Resellers rarely seek promotional support from a marketer since most resellers prefer to do their own promotion and not be restricted by what a product marketer may want in exchange for offering promotional support. Resellers are not very concerned about a product's package since they know they have little input in how it...
QUESTION 11 With regard to business products, which of the following statements is true of major equipment? a. It is generally marketed by local industrial distributors. b. It is sold through a longer distribution channel than accessory equipment. c. It is less expensive and shorter-lived than accessory equipment. d. It is often custom designed for each customer according to requirements. 4 points QUESTION 12 Joshua is a millionaire, and he manages several successful companies. He usually interacts with people...
________ individuals attempt to control situations, including
the thoughts and actions of others.
Question 1 options:
A)
Analytical
B)
Responsive
C)
Versatile
D)
Expressive
E)
Assertive
Save
Question 2 (1 point)
Ken likes to see the big picture when salespeople present to
him. He finds it enjoyable to know a little about them and their
families. He takes his work very seriously, and the company's
overall success, as well as his own personal success, are very
important to him. Ken...
Tesco-Case Study Tesco is the UK’s largest food retailer, with a sales turnover of more than 67.5 billion. While it has some 638 stores in central Europe, and some 636 in the Far East, most are in the United Kingdom and Northern Ireland, where it has nearly 1,800. This number has increased rapidly as Tesco entered the convenience store market with deals such as the Tesco Express alliance with Esso to run grocery shops at petrol stations. The product range...
QUESTION 1 Warehouses have many functions. One of them is to: Reduce the response time on a customer's order. Reduce the inventory carrying costs of the company. Reduce duty rates for the company. Increase the response time to a customer's order. 1.25 points QUESTION 2 Warehouses can smooth out variations in: End-product sales (seasonality). Raw-material availability. Raw materials' price fluctuations. All of the above. 1.25 points QUESTION 3 When there can be potential disruptions in the supply chain,...
MANAGEMENT DECISION CASE Amazon Dash: More Than Just a Dash of Service Imagine you just walked into your local Target. What do you see? We’re betting that you picture the aisles of goods for sale. This might lead you to believe that retail stores are mostly in the business of providing products. However, retailers rarely manufacture the goods they sell—in fact, they’re actually in the business of service. Most retailers rely on repeat business and referrals to earn their profits,...
Project is about "House of Kaviari," and the industry is Caviar Industry. I only want Part.6 "Identify Critical Issues and Priorities" BUSINESS STRATEGY ANALYSIS REQUIRES THE FOLLOWING: 1. Identify strategic goals. – A firm's strategic goals drive business strategy and address the key success factors of the industry. Strategic goals often include the vision or mission statement for the business. They should also set the direction and standard for financial and market results against which actual performance can be measured....