IDIS 240 EXAM 1 QUESTIONS WITH 100%
COMPLETE SOLUTIONS| LATEST UPDATE
The financial function of 'extending credit' would be most beneficial to which of the
following end-users? - correct answer-Contractor
In the industrial supply chain, an agent is: - correct answer-A third-party company that
represents a manufacturer's product in certain areas
Agents: - correct 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 - correct answer-E. All of these
What does 3PL stand for? - correct 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 - correct 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? - correct answer-Design wins
According to the lecture, which of the following references a title of an employed
salesperson of the manufacturer? - correct answer-Field Application Engineer
, Which of the following can offer advice that is more independent? - correct 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 - correct answer-E. All of these
According to the lecture, distribution involves three major categories of services. Which
of the following are those categories? - correct answer-Knowledge, Logistics, and
Financing
Which of the following is not a major trend benefiting distributors? - correct 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 into a seamless
process, from the source to the point of consumption, resulting in - correct answer-
Enhanced customer and economic value.
The manufacturer's responsibility does not include - correct answer-Providing unlimited
capital for distributors and end-users as needed
RFID tags: - correct answer-Allow for orders to be tracked in shipping and receiving
According to the lecture, Industrial Distribution is a hybrid of Engineering and Business.
Graduates typically enter two areas. These two areas include: - correct answer-Sales
and Supply Chain
According to the survey we discussed in class, which of the following was not one of the
top 5 industries in which May 2021 Industrial Distribution graduates went to work? -
correct answer-consulting
COMPLETE SOLUTIONS| LATEST UPDATE
The financial function of 'extending credit' would be most beneficial to which of the
following end-users? - correct answer-Contractor
In the industrial supply chain, an agent is: - correct answer-A third-party company that
represents a manufacturer's product in certain areas
Agents: - correct 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 - correct answer-E. All of these
What does 3PL stand for? - correct 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 - correct 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? - correct answer-Design wins
According to the lecture, which of the following references a title of an employed
salesperson of the manufacturer? - correct answer-Field Application Engineer
, Which of the following can offer advice that is more independent? - correct 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 - correct answer-E. All of these
According to the lecture, distribution involves three major categories of services. Which
of the following are those categories? - correct answer-Knowledge, Logistics, and
Financing
Which of the following is not a major trend benefiting distributors? - correct 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 into a seamless
process, from the source to the point of consumption, resulting in - correct answer-
Enhanced customer and economic value.
The manufacturer's responsibility does not include - correct answer-Providing unlimited
capital for distributors and end-users as needed
RFID tags: - correct answer-Allow for orders to be tracked in shipping and receiving
According to the lecture, Industrial Distribution is a hybrid of Engineering and Business.
Graduates typically enter two areas. These two areas include: - correct answer-Sales
and Supply Chain
According to the survey we discussed in class, which of the following was not one of the
top 5 industries in which May 2021 Industrial Distribution graduates went to work? -
correct answer-consulting
