Distribution & Supply Chain Flashcards by Melvin J

Q

What is Business-to-Business Marketing?

A

Businesses selling to other businesses.

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Q

What is a Channel of Distribution?

A

Path from maker to buyer.

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Q

What is a Direct Channel?

A

Selling straight to customers.

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Q

What is an Indirect Channel?

A

Selling with middlemen involved.

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Q

What is Distribution?

A

Getting products to people.

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Q

What is a Distribution Center?

A

Warehouse for sending products.

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Q

What is Electronic Data Interchange (EDI)?

A

Sharing business info online.

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Q

What are Exports?

A

Selling stuff to other countries.

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Q

What are Imports?

A

Buying stuff from other countries.

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Q

What is Logistics?

A

Moving products efficiently.

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Q

What is a Point-of-Sale (POS) System?

A

Computer tracking sales instantly.

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Q

What is a Supply Chain?

A

Steps to get products sold.

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Q

What is a Warehouse?

A

Storage place for products.

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Q

Key Concept: Why is Distribution Important?

A

A product needs to be in the right place at the right time to sell well.

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