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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
UOM - Answer✔unit of measurement
what is an end user - Answer✔someone who does not resell an item in its current form
who specifies products in the supply chain - Answer✔Architects, engineers, designers
who are agents and what are their roles - Answer✔a 3rd party that represents a manufacturer
with products and market knowledge. sometimes stock, but never own inventory.
1|Page
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
UOM - Answer✔unit of measurement
what is an end user - Answer✔someone who does not resell an item in its current form
who specifies products in the supply chain - Answer✔Architects, engineers, designers
who are agents and what are their roles - Answer✔a 3rd party that represents a manufacturer
with products and market knowledge. sometimes stock, but never own inventory.
1|Page
