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Home Page Social Science Economics Test 8 review - Flashcards

Test 8 review – Flashcards

Joel Boykin
7 July 2022
10 test answers

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question
A(n) ____________ is an entity that assists in the movement of products through the channel?
answer
Intermediary
question
Which of the following is NOT an example of an intermediary?
answer
Consumer
question
The goal of a marketing channel is to?
answer
Create the most efficient way to move products from producer to consumer
question
A direct marketing channel consists of?
answer
A producer and a customer
question
A marketing channel always includes?
answer
A producer
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question
The basic trade-off in logistics is between ________ and ________?
answer
Efficiency and responsiveness
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question
Which of the following is NOT a cost typically associated with logistics?
answer
Advertising
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question
The decision to hold inventory is critical to providing customer service through the supply chain. There are both costs and benefits. Which of these is NOT a benefit of holding inventory?
answer
To create possession utility for producers
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question
____________ deals with the flow of physical goods and related information through the value chain?
answer
Logistics
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question
Which of the following is NOT a cost typically associated with logistics?
answer
Product development
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Question
What is the right structure for an essay
Answer
A paragraph is a related group of sentences that develops one main idea. Each paragraph in the body of the essay should contain:
  • a topic sentence that states the main or controlling idea
  • supporting sentences to explain and develop the point you’re making
  • evidence from your reading or an example from the subject area that supports your point
  • analysis of the implication/significance/impact of the evidence finished off with a critical conclusion you have drawn from the evidence.