The _____ clause in a contract provides specific details on how the supplier's performance will be measured and if any compensation will be awarded by the supplier to the buyer if these certain defined levels of performance are not maintained.
a. key performance indicators and compensation
b. liability
c. notices
d. third-party rights
e. assignment and contracting
Question 2The concept of buying distribution refers to:
a. The various prices charged by agent intermediaries.
b. A manufacturer's competitive pricing strategy that allows its channel members extra-high margins.
c. Searching for channel members who are willing to perform for the price that the manufacturer is willing to pay.
d. Paying channel members for services through the margins offered by the manufacturer.
e. Offering lower margins to channel members.
Question 3In the ____________________ stage, manufacturing moves to developing countries to save on labor costs.
Fill in the blank(s) with correct word
Question 4Which of the following statements is true when consumers are far away from implementing a goal?
A) People prepare for the required activity and perform well.
B) Competitive goals are given high priority.
C) Abstract knowledge about the desirability of attaining the goal becomes salient.
D) The focus lies on how to attain a goal without much effort.
E) Concrete knowledge about the feasibility of attaining the goal becomes salient.
Question 5Tramp service is available for regular routes and is scheduled only on demand.
Indicate whether the statement is true or false
Question 6The _____ clause in a contract provides guidelines regarding what type of reporting statistics and measures the supplier must provide to the buyer on a regular basis, defined clearly.
a. statistics
b. notices
c. most favored customer
d. confidentiality
e. third-party rights
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