Chapter 11 Flashcards

1
Q

Value Chain- Primary Activites

A
  1. Inbound Logistics
  2. Operations
  3. Outbound Logistics
  4. Marketing & Sales
  5. Service
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2
Q

Value Chain- Support Activities

A
  1. Firm Infrastructure
  2. Human Resource Management
  3. Technology Development
  4. Procurement
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3
Q

Functions of Intermediaries

A
  1. Physical Distribution Functions
  2. Transaction and Communication Functions
  3. Facilitating Functions
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4
Q

The shortening or collapsing of marketing channels due to the elimination of one or more intermediaries

A

Disintermediation

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5
Q

Types of Vertical Marketing Systems (VMS)

A
  1. Corporate Systems
  2. Contractual Systems
  3. Administered Systems
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6
Q

Logistical Functions

A
  1. Order Processing
  2. Warehousing and Materials Handling
  3. Inventory Management
  4. Transportation
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7
Q

Transportation Methods

A
  1. Pipeline
  2. Water
  3. Air
  4. Motor
  5. Rail
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