The ____ is the logistics concept that recognizes the linkages with logistics systems that result ...

The ____ is the logistics concept that recognizes the linkages with logistics systems that result from the interaction of their components.
 a. trade-off concept
  b. total cost concept
  c. systems concept
  d. operating concept

Question 2

All of the following are reasons for suppliers preferring long-term contracts except _____.
 a. the supplier receives better scheduling information, which in turn helps the supplier's production area improve efficiency and materials planning
  b. detailed projections of volumes and delivery dates allow the supplier to better budget the flow of funds and investment stemming from the expectation of continued future volume
  c. the supplier's organization lowers unit costs because fixed costs are spread out over the term of the contract
  d. the supplier can afford to pay its workforce higher wages to increase productivity
 e. the supplier can realize lower administrative costs over the term of the contract.

Question 3

A customer buying a branded product from a low-priced distributor likely is:
 a. Getting a counterfeit product.
  b. Buying in the gray market.
  c. From an authorized dealer with high-volume and operating economies.
  d. Purchasing from a free rider.
  e. There is no way to tell from the information given.

Question 4

Discuss how the stages of the international product life cycle affect a company's strategy.

Question 5

According to the theory of reasoned action model, normative factors do not affect consumers' attitude-behavior relationship.
 
 Indicate whether the statement is true or false

Question 6

The ____ is the logistics concept in which cost is used as a basis for measurement for the purpose of minimizing the firm's overall logistics cost by implementing the systems concept appropriately.
 a. inert concept
  b. total cost concept
  c. operating concept
  d. trade-off concept

Question 7

_____ are based on the notion that as purchase volume increase, cost structures change.
 a. Short-term contracts
 b. Firm fixed price contracts
 c. Long-term contracts with incentives
  d. Time and materials contracts
 e. Blanket orders

Question 8

Distributors and dealers who offer extremely low prices but little if any service to customers are engaging in a practice called:
 a. Segmented marketing.
  b. Specialty retail discounting.
  c. Vertical marketing.
  d. Franchise discounting.
  e. Free riding.