A current emphasis in

Question 1

A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic data and inventory systems that are called:

1. quick response and efficient consumer response delivery systems
2. minimum-inventory systems
3. Web-based response systems
4. order replenishment systems
5. speedy systems

Question 2

Which of the following is FALSE concerning channel members:

1. An agent, e.g., a Manufacturer’s Representative, does not take physical possession of the product being sold.
2. There are two kinds of Merchant Wholesalers: Distributors and Jobbers.
3. Distributors and jobbers are considered part of a vertically-integrated channel.
4. The main difference between a Manufacturer’s Sales Branch and a Manufacturer’s Sales Office is that the sales branch carries inventory.
5. A distributor is a full-function wholesaler.