IDIS 240 Final Exam Question with 100% Correct Answers

IDIS 240 Final Exam Question with 100% Correct Answers Manufacturers should "make markets." Which of the following describes this function? - ✔✔All of the above The part of the balance sheet that represents the money others ow us that we have extended credit is referred to as? - ✔✔Accounts Receivable The formula [[Selling Price - COGS/Selling Price] is the? - ✔✔Percent Gross Margin COGS include which of the follow ing? - ✔✔1.Cost paid to supplier for the products 2. The cost of the freight from the supplier to our location Bundling Products & Services? - ✔✔Assortment How long customer is willing to wait? - ✔✔Wait Time When the customer wants to place orders? - ✔✔Purchase time Selling products in smaller quantities than allowed by the manufacturer? - ✔✔Breaking Bulk Pertains to the container of the product? - ✔✔Packaging The following is a pictorial description of? - ✔✔Contact Efficiency The job function that refers t o the person who handles walk -in customers? - ✔✔Counter Sales Which of the following are specefic service outputs provided by the typical industrial distributor? - ✔✔All of the above According to the Book "The Distributor's Role in the Supply Chain" a sale is not complete until? - ✔✔The Customer has paid for the product and successfully used it Sanderson Farms owns a large chicken processing plant in Bryan, Texas.......example of? - ✔✔MRO Simpson products are sold through many distributors. This is an examp le of ______ distribution? - ✔✔Intensive The manufacturer's "minimum order" is? - ✔✔The amount that is the minimum that must be ordered Which of the following is not a reason discussed in class that could lead to a deviation from the standard COGS in busin ess-to-business sales? - ✔✔All of the above are reasons discussed in class?