If the costs of each logistical activity are minimized, total logistical costs for the enterprise will be minimized.
Indicate whether the statement is true or false
Question 2For supply chain management, functional products typically have predictable demand patterns while innovative products do not.
Indicate whether the statement is true or false
Question 3For innovative products, the goal is to design a supply chain that minimizes logistics and inventory costs, and assures low- cost manufacturing.
Indicate whether the statement is true or false
Question 4Firms that adopt supply chain management generally find that costs increase but are more than offset by higher profit margins and revenue growth.
Indicate whether the statement is true or false
Question 5Properly implemented, supply chain management will lead to longer order-to-delivery cycle time.
Indicate whether the statement is true or false
Question 6Supply chain management may require that all firms in the supply chain share sensitive and proprietary information about customers and corporate strategic plans.
Indicate whether the statement is true or false
Question 7The surest way to lose intermediary support is____________________ policies that do not meet industry and competitive standards.
Fill in the blank(s) with correct word
Question 8The last step of the channel design process is to evaluate and select ____________________.
Fill in the blank(s) with correct word
Question 9Channel____________________re
fers to the number of channel levels, the number and types of intermediaries and the linkages among channel members.
Fill in the blank(s) with correct word
Question 10Full-service intermediaries that take title to the products they sell and perform the full range of marketing functions are known as____________________.
Fill in the blank(s) with correct word
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