CH5 Flashcards

1
Q

what is the value chain

A

that the broad concept that spans all activities involved in designing producing marketing delivering and supporting any product

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2
Q

what is supply chain

A

which include activities across multiple activites include all activities to turn the rthaw material into goods or services

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3
Q

who the professor that proposed the value chain

A

michael porter

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4
Q

delivering value to the customer is of primary importance true or false

A

true

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5
Q

how the firm deliver the value

A

by coordinating a range of activities that result in providing product or service to the customer

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6
Q

what the content of value chain

A

inbound logistics
operations
outbound logistics

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7
Q

what is the four support activities

A

procurement
technology development
human resource mangement
firm infstructure

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8
Q

what is inbound logistics

A

`the company recives materials it nees to manufacture its products

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9
Q

what is the operations activites

A

trensform the materials into final product form

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10
Q

what is the outbound logistics activities

A

ship the product out to customer

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11
Q

what is service activites enhance or maintain the value of the product

A

installation or repair the product

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12
Q

the supply chain mangement

A

is the mangment of flows among the firms in supply chain to maximize total profitability q

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13
Q

what is the difference between the supply chain and the channels of distribution

A

the supply chain is broader

the channel of distribution is the part of the supply chain that deliver the product to the customer

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14
Q

what is the way of distribution

A

breaking the bulk

channel intermediaries

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15
Q

what is breaking the bulk

A

whole selers and retailers purcahse large quantities of goods from manufacture but sell only one or a few at time to many different customers

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16
Q

what is channel intermideries

A

reduce the number of transaction by creating assortments provide averity of locations in one place

17
Q

true or false the transportion and storage of goods is anthor type of physical distribution function

A

true

18
Q

by using the internet even small firms with limited resources enjoy the same market opportunities as their largest competitors in making their product available to customer around the global true or false

A

true

19
Q

disintermediation

A

fewer empolyees

20
Q

why some producers sell directly to customers

A

the direct channel may allow the producer to serve its customer better and lower price and it can to control the product

21
Q

what is the newest meens of selling in direct channel

A

is internet

22
Q

why producer use the indirect channels

A

bewcause that custoners are familier with certain retailers

23
Q

in business to business is use direct channels

A

because it mens often meaning selling high dollar

24
Q

some services do need intermediary often called

A

agent

25
Q

if the product bullky

A

minimize shipping costs

26
Q

if the product is fragile

A

to delevop channel that minimize handling

27
Q

when the product need more techinical and expensive

A

are sold directly to final customers

28
Q

conventional marketing system

A

is multilevel distrbution channel in which members work independently of one another

29
Q

vertical marketing system

A

is channel in which there is formal cooperation among channel members at two or more different levels

30
Q

what is the types of vertical markting systems

A

administered

corporate contractual

31
Q

in a horizantial marketing system

A

two or more firms at the same channel level agree to work together to get their product to the customers

32
Q

intensive distrbution

A

aims to maxmizing maket coverage by selling the product to all wholesalers

33
Q

exclusive distrbution

A

means limiting distbution to a single in particular region

34
Q

selective distrbution

A

are suitable for so called shopping products such as household choose the wholesellers that he want