Marketing 300 Chapter 11 Terms Prep Exam And All Correct Answers.
8 views 0 purchase
Course
MKT 300
Institution
MKT 300
logistics - Answer planning, execution, and control of the procurement, movement, and stationing of the personnel, material, and other resources to achieve the objectives of a a plan
physical distribution - Answer handling, movement, and storage of goods from their point of origin to their p...
Marketing 300 Chapter 11 Terms Prep
Exam And All Correct Answers.
logistics - Answer planning, execution, and control of the procurement, movement, and stationing of
the personnel, material, and other resources to achieve the objectives of a a plan
physical distribution - Answer handling, movement, and storage of goods from their point of origin to
their point of consumption
customer service level - Answer to be considered in the physical distribution concept. you should
optimize cost given a particular level of customer service.
physical distribution concept - Answer all transporting, storing, and product handling activities of a
business and whole channel system should be coordinated as one system to optimize the total cost of
distribution for a given customer service level
total cost approach - Answer focus on total cost. simply focusing on individual costs may end up raising
total cost.
supply chain - Answer the complete set of firms, facilities, and logistics activities involved in procuring
materials, transforming them into intermediate and finished products, and distributing them to
customers.
supplier to manufacturer to wholesaler/distributer to retailer to consumer
electronic data interchange - Answer computer to computer exchange of documents. Increases
accuracy, time, and cuts costs
transporting - Answer moving goods from one place to another. Rail, water, air, truck, and pipeline are
most popular methods of transport.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestSolver9. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
