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IDIS 240 Exam 1 Questions And Answers Verified 100% Correct

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IDIS 240 Exam 1 Questions And Answers Verified 100% Correct The function that occurs right after a product is delivered to a distributor and while the delivery is checked for accuracy? - ANSWER -Receiving What does PAID stand for? - ANSWER -Professional Association for Industrial Distribution The process that takes place directly after an order ticket has been printed for an order that is scheduled to be shipped, and is also known as picking, is which of the following? - ANSWER -Order Filling The process of buying products, not currently in stock in our warehouse, from our competitors or other local sources to complete a customer transaction is? - ANSWER -Buy-Outs Is the person responsible for meeting the customer at the customer's location is often referred to as? - ANSWER -Outside Sales Which of the following are specific service outputs provided by the typical industrial distributor? A. Local inventory and Transportation to the customer's place of business B. Transportation to the customer's place of business C. Service after the sale D. All of these - ANSWER -D. All of these According to the book "The Distributor's Role in the Supply Chain," the function of "selling" includes: A. Providing information to assist with the construction of industrial products B. Providing information to assist with the design of industrial products C. Solving technical problems D. Both Solve technical problems and provide information to assist with the construction of industrial products E. All of these - ANSWER -E. All of these According to the book "The Distributor's Role in the Supply Chain," a sale is not complete until - ANSWER -The customer has paid for the product and has successfully used the product Sanderson Farms owns a large chicken processing plant in Bryan, Texas. One night, a 500 horsepower electric motor on one of their processing lines quit working. A local distributor, Purvis Bearing, had one in their warehouse and was able to get it delivered within one hour. This is an example of a(n) ________ purchase. - ANSWER -MRO Rolligon - National Oilwell Varco is a manufacturer of oil field-related equipment located close to College Station, Texas. Their product is shipped throughout the world. They purchase many components from local distributors to be used in their products. Rolligon - National Oilwell Varco is an example of: - ANSWER -OEM When Texas A&M University decided to build a new building, they paid a company by the name of Vaughn Construction to oversee the process. Vaughn will hire other companies to perform most of the work but will perform some of the work themselves. They will get the material needed for the work they perform from local building material suppliers. Vaughn is an example of - ANSWER Contractor According to the lecture, an "End User" is best defined by the fact that they: - ANSWER -Do not resale products in present form The financial function of 'extending credit' would be most beneficial to which of the following end-users? - ANSWER -Contractor In the industrial supply chain, an agent is: - ANSWER -A third-party company that represents a manufacturer's product in certain areas Agents: - ANSWER -Sometimes stock but NEVER own inventory People who specify products in the industrial channel include which of the following: A. Architects B. Both Architects, and Engineers C. Engineers D. Designers E. All of these - ANSWER -E. All of these What does 3PL stand for? - ANSWER -Third-party logistic provider Which of the following represent major motivators of manufacturers? A. Market size B. Product design C. Market share D. Both Market Size, and Market share E. All of these - ANSWER -E. All of these Which of the following is a term used to protect channel members who help a product become specified into an application? - ANSWER -Design wins According to the lecture, which of the following references a title of an employed salesperson of the manufacturer? - ANSWER -Field Application Engineer Which of the following can offer advice that is more independent? - ANSWER Non-factory-owned distributor Manufacturers should "make markets." Which of the following describes this function? A. Calling on end-users B. Calling on end-users and Advertising in magazines and trade journals C. Calling on specifiers D. Advertising in magazines and trade journals E. All of these - ANSWER -E. All of these According to the lecture, distribution involves three major categories of services. Which of the following are those categories? - ANSWER -Knowledge, Logistics, and Financing Which of the following is not a major trend benefiting distributors? - ANSWER An increasing amount of inventory in the supply chain Supply chain management can be described as a management system that coordinates and integrates all the activities performed by supply chain members

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IDIS 240 Exam 1 Questions And Answers Verified
100% Correct
The function that occurs right after a product is delivered to a distributor and while
the delivery is checked for accuracy? - ANSWER -Receiving

What does PAID stand for? - ANSWER -Professional Association for Industrial
Distribution

The process that takes place directly after an order ticket has been printed for an
order that is scheduled to be shipped, and is also known as picking, is which of the
following? - ANSWER -Order Filling

The process of buying products, not currently in stock in our warehouse, from our
competitors or other local sources to complete a customer transaction is? -
ANSWER -Buy-Outs

Is the person responsible for meeting the customer at the customer's location is
often referred to as? - ANSWER -Outside Sales

Which of the following are specific service outputs provided by the typical
industrial distributor?

A. Local inventory and Transportation to the customer's place of business
B. Transportation to the customer's place of business
C. Service after the sale
D. All of these - ANSWER -D. All of these

According to the book "The Distributor's Role in the Supply Chain," the function
of "selling" includes:

A. Providing information to assist with the construction of industrial products
B. Providing information to assist with the design of industrial products
C. Solving technical problems
D. Both Solve technical problems and provide information to assist with the
construction of industrial products
E. All of these - ANSWER -E. All of these

, According to the book "The Distributor's Role in the Supply Chain," a sale is not
complete until - ANSWER -The customer has paid for the product and has
successfully used the product

Sanderson Farms owns a large chicken processing plant in Bryan, Texas. One
night, a 500 horsepower electric motor on one of their processing lines quit
working. A local distributor, Purvis Bearing, had one in their warehouse and was
able to get it delivered within one hour. This is an example of a(n) ________
purchase. - ANSWER -MRO

Rolligon - National Oilwell Varco is a manufacturer of oil field-related equipment
located close to College Station, Texas. Their product is shipped throughout the
world. They purchase many components from local distributors to be used in their
products. Rolligon - National Oilwell Varco is an example of: - ANSWER -OEM

When Texas A&M University decided to build a new building, they paid a
company by the name of Vaughn Construction to oversee the process. Vaughn will
hire other companies to perform most of the work but will perform some of the
work themselves. They will get the material needed for the work they perform
from local building material suppliers. Vaughn is an example of - ANSWER -
Contractor

According to the lecture, an "End User" is best defined by the fact that they: -
ANSWER -Do not resale products in present form

The financial function of 'extending credit' would be most beneficial to which of
the following end-users? - ANSWER -Contractor

In the industrial supply chain, an agent is: - ANSWER -A third-party company
that represents a manufacturer's product in certain areas

Agents: - ANSWER -Sometimes stock but NEVER own inventory

People who specify products in the industrial channel include which of the
following:

A. Architects
B. Both Architects, and Engineers
C. Engineers
D. Designers

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