Supply Chain & E-Commerce & E-Business

Which of the following is the best explanation for logistics?

• Ensuring that inventory levels are adequate.

• Ensuring that goods are timely shipped.

• Ensuring that goods and services are timely delivered.

• The planning, implementation, and control of the flow of goods, services, and information.

When looking at e-commerce and e-business, which is the most realistic relationship between these two concepts?

• E-commerce has some overlap with e-business.

• E-commerce is broadly equivalent to e-business.

• E-business is a subset of e-commerce.

• E-commerce is a subset of e-business.

The supply chain is concerned with which of the following?

• The distribution of goods and services to retailers.

• The delivery of source materials from the supplier to the end-user.

• The organizing of moving, warehousing, and supplying goods and services.

• The transportation, storage, and delivery system that moves the product

Which of the following is an example of an ultimate consumer?

• A teenager buying her/his first car

• A manager buying office supplies

• A farmer buying seed for a crop that will be sold at the market.

• A restaurant owner buying a new oven for the restaurant’s kitchen.

What type of intermediary would purchase baseball bats from one producer, mitts from another, and balls from still another, and then sell an assortment to sporting goods stores?

• Agent

• Producer

• Retailer

• Wholesaler

Where does a channel of distribution begin?

• With the industrial user

• With the ultimate consumer

• With the produce.

• With the intermediary

The coordination of manufacturer, suppliers, and retailers working together to meet a customer need for a product or service is known as?

• Supply chain management

• Intellectual property

• Distribution

• Channel of distribution

Which channel of distribution would be best for a small fruit and vegetable farm with only a few products to be sold to local customers?

• Manufacturer to consumer

• Manufacturer to wholesaler to retailer to consumer

• Manufacturer to retailer to consumer

• Manufacturer to an agent to wholesale to retailer to consumer

Which channel of distribution would be best for a bakery that usually sells products online but wants to increase local sales without opening a physical store?

• Manufacturer to consumer

• manufacturer to retailer to consumer

• Manufacturer to wholesaler to retailer to consumer

• Manufacturer to an agent to wholesale to retailer to consumer

Which of the following refers to the transportation, storage, and receiving of goods into a business?

• Supply Chain

• Inbound Logistics

• Outbound Logistics

• Distribution Channel