QUESTION IMAGE
Question
question 35 (1 point)
supply chain management is a subset of logistics and is only concerned with the movement of products from point a to point b.
true
false
question 36 (1 point)
which of the following statements best defines a channel of distribution?
it is the network of regulatory agencies that regulate production strategies
it is the path that a product takes from the producer to the consumer
it is a theory which suggests that retail firms and retail categories become more upscale as they go through their life cycles
it is the path through which products are produced and packaged in an assembly line.
Question 35
Supply chain management (SCM) encompasses more than just product movement (like sourcing, production, inventory, etc.), while logistics focuses on product flow. SCM is a broader subset of logistics? No, actually logistics is part of SCM. Also, SCM isn't only about moving from A to B. So the statement is false.
- Option 1: Regulatory agencies for production strategies don't define distribution channels. Eliminate.
- Option 2: A distribution channel is the path a product takes from producer to consumer (involving intermediaries like wholesalers, retailers, etc.). This matches the definition.
- Option 3: This describes the retail life - cycle theory, not distribution channels. Eliminate.
- Option 4: Production/packaging in assembly lines is about manufacturing, not distribution. Eliminate.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
False