6. If the product is integral and the company has the knowledge but depends for the suppliercapacity. Which of the following statement is correct:A. The company will face risks if it outsources this product.B. The company need to increase its capacity to produce the product.C. The company might benefit from outsourcing the product.D. The company should have a strategic partnership with the supplier.E. None of the above7. Which of the following(s) contract(s) the buyer agrees to pay some agreed upon price forany unit produced by the manufacturer but not purchased by the buyer.A. Revenue sharing contractB. Buy back contractC. Quantity flexibility contractD. Pay back contract8. Referring to the maturity model, the level of integration where buyers and suppliers havejoint planning and forecast is:A. Ad Hoc.B. Defined.C. Linked.D. Integrated.E. Extended.

An effective supply chain can act as a competitive advantage for the organization. Supply chain…

Answered: 6. If the product is integral and the…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Similar questions

Which of the following is not one of the five typical sources of competitive pressures? A) The power and influence of industry driving forces. B) The bargaining power of suppliers and seller-supplier collaboration C) The threat of new entrants into the market The market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry D) The attempts of companies in other industries to win customers over to their own substitute products
II. Formulate recommendation and strategies on how to minimize a business negative impact and maximize its positive impact on suppliers and investors Ways on how to minimize the negative impact of a business on supplier and investors: (list as many as you can) Ways on how to maximize the positive impact of a business on suppliers and invetors: (list as many as you can)
Which of the following is not a characteristic of thefactor-weighting approach to supplier evalution?a) it applies quantitative scores to qualitative criteriab) the weights typically sum to 100%c) multiple criteria can be considered simultaneouslyd) subjective judgment is often involvede) it applies qualitative assessments to quantitativecriteria
Which of the following statements about supply chain coordination contracts is TRUE? A A risk-averse business owner should enter a revenue-sharing rather than a buy-back contract. B The supplier faces increased overhead costs in a revenue-sharing contract. C Products with a short peak demand period should enter a buy-back contract rather than a revenue-sharing contract. D Buy-back contracts usually work more efficiently than revenue-sharing contracts.
What's the difference between a standard commercial contract and an outsourcing contract? Which of the two is more important? Why? What elements should you take into account while forming a vendor selection team and its charter? Which of the eight steps in the vendor identification and selection process is the most important? Why? Justify your answer. The key areas of concern in recognizing and managing BPO expenses are the financial and strategic costs. Which is the more essential of the two? Justify your answer. What was the importance of the BPO industry during the COVID Pandemic of 2020?
People often say that you should get four or five quotations, even for repeat orders, as this encourages competition and keeps prices low. Other people say that you should form an alliance with one supplier so that you understand each other’s needs and can work closely together. Which of these views do you find more persuasive?
1.A market will usually be more difficult to enter if there is? a.Patented or proprietary know-how b.Low brand loyalty c.Wide access to distribution channels d.Common technology 2.Which of these situations is likely to cause high bargaining power of suppliers? a.A few large suppliers dominate the market supply b.Many alternative sources of supply c.Resource inputs are not essential to product quality d. Many customers with low brand loyalty 3.Which of these situations is likely to cause high bargaining power of customers? a.A large number of customers b.Full access to information c.The product is differentiated d.None of the foregoing
Procurement- Which of the following is not a risk of countertrade? A. Receiving product of greater quality than the specifications require B. Possibility of poor-quality goods and services C. Development of unprofitable deals D. Acceptance of goods and services that do not match marketing channels
You are the product manager of a confectionery company that includes small plastic toys with its chocolate sweets. Having met a potential Thai manufacturer of these toys at a trade fair in Europe, you now visit the company in the north-eastern part of Thailand to finalize a two-year supply contract. Arriving there and talking to the sales manager, you are able to arrange a deal that supplies you with the toys at a third of the cost currently charged by your Portuguese supplier, but with equivalent quality and supply arrangements. In order to check the reliability of the manufacturing process you ask the manager to show you around the place. You are surprised to find out that there is no real workshop on the premises. Rather, the production process is organized such that at 6am about 30 men line up at the company’s gate, load large boxes with toy components on their little carts or motor-scooters and take the material to their homes. Your prospective supplier then takes you to one of…
You are the product manager of a confectionery company that includes small plastic toys with its chocolate sweets. Having met a potential Thai manufacturer of these toys at a trade fair in Europe, you now visit the company in the north-eastern part of Thailand to finalize a two-year supply contract. Arriving there and talking to the sales manager, you are able to arrange a deal that supplies you with the toys at a third of the cost currently charged by your Portuguese supplier, but with equivalent quality and supply arrangements. In order to check the reliability of the manufacturing process you ask the manager to show you around the place. You are surprised to find out that there is no real workshop on the premises. Rather, the production process is organized such that at 6am about 30 men line up at the company’s gate, load large boxes with toy components on their little carts or motor-scooters and take the material to their homes. Your prospective supplier then takes you to one of…
Procurement- Selecting and managing waste handling suppliers does not require the same rigor as selecting a raw material supplier because we are dealing with byproducts. True False
buyers could be the following individuals ? a. Customers and suppliers b. Workers and Suppliers c. Friends and Family d. None of the Above

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