(130-Study Guide Quizzes) with Correct
Elaborations Latest 2025/2026
Advertising revenue Provides users with information on services and products
model and provides an opportunity for suppliers to advertise
Practice questions for this set
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Inaccurate or distorted demand information created in the supply chain.
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Bullwhip effect 2 Backwards integration
3 Just-in-time philosophy 4 Vertical integration
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Terms in this set (130)
, Affiliate revenue model Companies receive a referral fee for directing business to an
affiliate
Appraisal cost The cost associated with uncovering defects
Automated order entry A method using telephone models to send digital orders to
system suppliers
Automated order entry A method using telephone models to send digital orders to
systems suppliers.
Backward integration Owning or controlling the source of raw materials and
components
Backwards integration Owning or controlling sources of raw materials and components.
Beliefs defining JIT Operations, simplicity, continuous improvement, visibility, and
philosophy flexibility.
Benchmarking Studying other companies business practices for comparison.
Best Operating level the output volume that results in lowest average unit cost.
Bottom-round consensus management by committees or teams.
management
Break even analysis used to compute the amount of goods that must be sold just
to cover costs.
Broad view of JIT philosophy that encompasses the entire organization
Broad view of the tasks and procedures are important only if they meet goals.
organization
Bullwhip effect Inaccurate or distorted demand information created in the
supply chain.
Business to Business Businesses buying and selling to other businesses.
commerce
Business to consumer Businesses selling to individual consumers.
commerce