IDIS 240 final Exam Questions and
Answers 100% Pass
If a distributor runs out of something what action do I perform - ANSWER ✔✔-Buy out
3 types of sales & description - ANSWER ✔✔-counter- handles walk in customers
inside- on the phone in cubicle. no face to face interaction w/ customer
outside-meeting the customer at his place of business
when is a sale complete - ANSWER ✔✔-when the customer has paid and successfully used the product
OEM - ANSWER ✔✔-Original Equipment Manufacturer
MRO - ANSWER ✔✔-Maintenance, Repair, & Operations
3PL - ANSWER ✔✔-third party logistics provider (outsourcing)
PAID - ANSWER ✔✔-Professional association for industrial distributors
Sigma Delta - ANSWER ✔✔-Honor organization for ID
SWID - ANSWER ✔✔-society of women in ID
RFID - ANSWER ✔✔-Radio Frequency Identification Device (tag on shipping)
FOB - ANSWER ✔✔-Free on Board
EBITDA - ANSWER ✔✔-earnings before interest, taxes, depreciation, and amortization
EBIT - ANSWER ✔✔-earnings before interest and taxes
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