BUAD 332 Exam 1 – Business Logistics and Supply
Chain Management 2025 | Complete Study Guide,
Test Bank & Practice Questions
Prepare for BUAD 332 Exam 1 – Business Logistics and Supply Chain Management with
this 2025 comprehensive study guide and practice test. Includes real-world logistics case
studies, supply chain analysis, inventory management, and transportation systems.
Designed for university business students to master key logistics, operations, and strategic
supply chain concepts for top exam results.
BUAD 332 Exam 1,
BUAD 332 Business Logistics and Supply Chain Management,
BUAD 332 study guide 2025,
Company's Macro environment - ANSWER-the company and all the actors in the micro environment
operate in a larger macro environment of forces that shape opportunities and pose threats to the
company
Demographic forces - ANSWER-the study of human populations in terms of size, density, location, age,
gender, race, occupation, and other statistics
Economic environment - ANSWER-consists of factors that affect consumer purchasing power and
spending patterns
Natural environment - ANSWER-involves the natural resources that are needed as inputs by marketers or
that are affected by marketing activities
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Suppliers - ANSWER-provide resources needed to produce goods and services; important link in the
"value delivery system"; enlightened marketers consider suppliers to be partners
Marketing intermediaries - ANSWER-help the company promote, sell, and distribute its goods to final
buyers
Examples of marketing intermediaries - ANSWER-resellers (amazon), physical distribution firms (UPS),
marketing service agencies (Tombras), financial intermediaries (banks)
[Customers] 5 types of markets that purchase a company's goods and services - ANSWER-consumer
markets, business markets, reseller markets, government markets, international markets
Competitors - ANSWER-those who serve a target market with products and services that are viewed by
consumers as being reasonable substitutes
Publics - ANSWER-group that has an interest in or impact on an organization's ability to achieve its
objectives
Types of publics - ANSWER-financial publics, media publics, government publics, citizen-action publics,
local publics, general public, internal publics
Factors impacting the natural environment - ANSWER-shortages of raw materials, increased pollution,
global climate change
Technological environment - ANSWER-most dramatic force now shaping our destiny
Political environment - ANSWER-includes laws, government agencies, and pressure groups that influence
or limit various organizations and individuals in a given society
Cultural environment - ANSWER-the institutions and other forces that affect a society's basic values,
perceptions, preferences, and behaviors