Which of the following is TRUE about packaging? CHOOSE ALL THAT APPLY.

What should be considered when designing effective packaging?

What term refers to a path by which all FINISHED goods and services must travel to arrive at the intended customer?

What term refers to the entire system of producing & delivering a product/service from raw materials to final delivery to customer

A distribution channel can include wholesalers, distributors, and what other two components

Which one represents direct distribution

Supply chain management does not affect a company's customers.

What term is used for the identifying, symbol, mark, logo name, and/or slogan a company uses to distinguish its products from other companies?

An effective supply chain should reduce ____________.

Which component of supply chain management involves planning out resources (such as money and employees) to best meet customer demand?

Which component of supply chain management includes supply ordering/receiving, inventory, payments to suppliers?

Which component of supply chain management includes choosing suppliers to provide what’s needed for making your product or service?

Which component of supply chain management includes taking back defective or unwanted products from customers?

Overhead expenses are ongoing costs related to operating business not related to making the product of service. Which of the following would be considered overhead expenses? CHOOSE ALL THAT APPLY

Which component of supply chain management includes making the products and testing the quality of the products?

Which pricing strategy involves selling the same product to different groups at different prices?

Which pricing strategy focuses more on the customer than cost?

Which pricing strategy involves adding a set amount/percentage to the cost of a product?

Which statement about distribution channels is FALSE?

Which part of the supply chain uses raw materials from the suppliers to make the product?

Which component of supply chain management includes scheduling deliveries and and sending out orders

Building a brand that includes strategies a business uses to influence how customers see and think about a brand (ex: creating logo, finding celebrities to endorse, etc)

Which component of supply chain management includes preparing/sending invoices to customers and receiving payments from customers

Which pricing strategy do a lot of manufacturers, wholesalers, and retailers use

When using competition based pricing, which type is used to lure (take away) customers from competition

Which pricing strategy focuses more on the customer than the cost

Pricing a product based on what competitors are selling similar products for

Pricing strategy that relies heavily on getting feedback from different types of customers

Pricing strategy that could mean changing a price multiple times a day, week, or month depending on a customer's habits