Test 2 fdns 4610 Questions with complete solution 2024
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Course
FDNS 4610
Institution
FDNS 4610
Test 2 fdns 4610 Questions with complete solution 2024 Test 2 fdns 4610
What is the primary market? - correct answer It is the basic source of supply that sets prices and quality standards.
How might conditions affect the primary market and foodservice establishment prices? - correct answe...
Test 2 fdns 4610
What is the primary market? - correct answer ✔It is the basic source of
supply that sets prices and quality standards.
How might conditions affect the primary market and foodservice establishment
prices? - correct answer ✔Conditions like disease or weather can impact a
farmer's crop which changes the prices for foodservice establishments.
What is the secondary market? - correct answer ✔It is the physical functional
unit where products are accepted from the primary markets and distributed to
local buyers.
What is an example of a secondary market? - correct answer ✔Wholesalers,
brokers, and distributors like sysco
Who can order from the secondary market? - correct answer ✔Foodservice
establishments
What is the local market? - correct answer ✔It is the suppliers within close
proximity to the buyer
What is an example of the local market? - correct answer ✔Sam's club and
costco
Who buys from the local market? - correct answer ✔small foodservice
establishments and members
, What are the 4 market functions? - correct answer ✔Exchange of
commodities
Supply of information pertaining to all aspects of commodities
Physical supply of commodities
General Business rules and laws pertaining to commodities
How does the market function relate to the exchange of commodities? -
correct answer ✔The market knows if there are supply chain issues.
How can the market help with general business rules and laws pertaining to
commodities? - correct answer ✔They have info for you about the
commodities and can give quality assurance.
What is the chain between distributors, wholesalers, and retailers. - correct
answer ✔Distributors sell to wholesalers.
Wholesalers sell to retailers.
Retailers sell to customers.
What is a distributor? - correct answer ✔They provide services above and
beyond delivery at no additional cost to maintain customers.
What are characteristics of a distributor? - correct answer ✔They buy in bulk,
they can provide merchandising and displays,
they can provide quality control testing, wait staff training, and nutritional
anaylsis,
They have a huge warehouse
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