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Question 1 1 pts The firms that a company partners with to actively promote and sell a product as it moves through its marketing channel
Question 1 1 pts
The firms that a company partners with to actively promote and sell a product as it moves through its marketing channel to end users are referred to by the firm as its ________.
Group of answer choices
supply members
channel members
marketing partners
corporate members
B2B partners
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Question 2 1 pts
Supercenters that sell products at a discount to people who pay an annual membership fee is known as a ________.
Group of answer choices
convenience store
pop-up store
outlet store
warehouse club
online retailer
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Question 3 1 pts
KPI stands for _________.
Group of answer choices
known performance incentives
key performance indicator
knowledge placed indicator
kind person implications
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Question 4 1 pts
Businesses that purchase products from manufacturers, wholesalers, agents, or distributors and sell them to consumers are known as a ________.
Group of answer choices
retailers
brokers
wholesalers
industrial distributors
pull strategy
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Question 5 1 pts
All of the people and organizations that buy, resell, and promote a product downstream as it makes it to the end user are referred to as the ________.
Group of answer choices
retail channel
value support
distribution channel
communication channel
business channel
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Question 6 1 pts
A _____________ is a facility for the receipt, storage, and redistribution of goods to company stores or customers.
Group of answer choices
circulation center
distribution center
supply chain hub
collaborative replenishment office
floor-ready franchising center
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Question 7 1 pts
Mathematically, _______________ is the net present value (NPV) of profit streams generated by an individual customer over time.
Group of answer choices
customer lifetime value or CTV
ROI
customer segment profitability
total promotional reward
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Question 8 1 pts
Hiring an organization to do a task that your firm previously performed is ________.
Group of answer choices
sourcing
outsourcing
offshoring
procurement
value chain
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Question 9 1 pts
The ____________, or Pareto Principle, says that _____% of business typically comes from _____% of a businesss customers.
Group of answer choices
75/25; 25; 75
75/25; 75; 25
80/20; 80; 20
80/20; 20; 80
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Question 10 1 pts
Supply chain management takes a ____________ approach to coordinating the flow of merchandise.
Group of answer choices
quick response
system-wide
vertically decentralized
cross-docking
exclusive geographic territory
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