Intermediary functions Study guides, Class notes & Summaries

definition of supply chain - CORRECT ANSWER-an interrelated series of processes within and across firms that produces a service or product to the satisfaction of customers the big 3 areas of business - CORRECT ANSWER-finance - acquires financial resources and capital for inputs marketing - generates sales of outputs operations - translates materials and services into outputs support functions of a business - CORRECT ANSWER-accounting, info systems, human resources, and engineering the s...

If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the - ANSWER A: US Treasury Department. In order to track large deposits, the federal government requires that deposits of $10,000 or more be reported to the Treasury Department. Banks use savings account deposits to: - ANSWER C: Give loans to consumers and businesses. The basic functions of banks and credit unions are to be an intermediary between savers and borrowers.

MGT 103 Exam Review Questions and answers, graded A+/ verified. Marketing channel - --consists of individuals and firms involved in the process of making a product or service available for use or consumption by consumers or industrial users -marketing channels make possible the flow of products and services from a producer, through intermediaries, to a buyer Intermediaries and the important functions they serve - --intermediaries make possible the flow of products from producers to ulti...

MKTG 3340 Exam 3 Questions 2024. How do intermediaries create value? - correct answer Transactional Function: buying/selling/risk taking Logistical Function: storing/assorting (mix of products)/sorting(lots of a single product)/bulk breaking(one large item broken down)/transporting Facilitating: financing/grading/marketing info and research We use intermediaries to: - correct answer make a product or service available by consumers or industrial use be more efficient: reduce # of contacts ...

Finance Chapter1 Exam Questions with Correct Answers 1) At its most basic level, the function of financial intermediaries is to ________. A) track and report interest rates B) move money from lenders to borrowers and back again C) report all financial transactions to the federal government D) effect a transfer of wealth in society - Answer-B 2) Which of the following is NOT an example of a financial transaction? A) Your parents use their credit card to pay this term's college tuition....

Market Screening - Firm is able to identify desirable markets Country screening (Ex. Brazil) First screen (Basic needs potential) - Influenced by climate, geography, natural resources. Some needs easy to assess(Industrial goods) while others are harder (Desire for chocolate). Data incudes Imports, local production Second Screening (Financial and Economic Forces) - market indicators: economic data used to measure relative market strength of countries or geographic areas ex: market size, ma...

Finance Chapter1 Exam Questions with Correct Answers 1) At its most basic level, the function of financial intermediaries is to . A) track and report interest rates B) move money from lenders to borrowers and back again C) report all financial transactions to the federal government D) effect a transfer of wealth in society - Answer-B 2) Which of the following is NOT an example of a financial transaction? A) Your parents use their credit card to pay this term's college tuition. B) You us...

How do intermediaries create value? - ANSWER Transactional Function: buying/selling/risk taking Logistical Function: storing/assorting (mix of products)/sorting(lots of a single product)/bulk breaking(one large item broken down)/transporting Facilitating: financing/grading/marketing info and research We use intermediaries to: - ANSWER make a product or service available by consumers or industrial use be more efficient: reduce # of contacts allow firms to focus on core competencies reduce...

MKTG 3340 Exam 3 Written Advanced Test 2024. How do intermediaries create value? - correct answer Transactional Function: buying/selling/risk taking Logistical Function: storing/assorting (mix of products)/sorting(lots of a single product)/bulk breaking(one large item broken down)/transporting Facilitating: financing/grading/marketing info and research We use intermediaries to: - correct answer make a product or service available by consumers or industrial use be more efficient: reduce # ...

Which communication tool allows real-time collaboration? : instant messaging A host is accessing a Web server on a remote network. Which three functions are performed by intermediary network devices during this conversation? (Choose three.) : regenerating data signals applying security settings to control the flow of data notifying other devices when errors occur A home user is looking for an ISP connection that provides high speed digital transmission over regular phone lines. What IS...