AB 219 STUDY Education Terms/ab219study.com AB 219 STUDY Education Terms/ab219study.com | Page 12

www.ab219study.com AB 219 Quiz 8 1. Question : Indicate whether the statement presented is true or false. A member of a marketing channel that exercises authority and power over the activities of other channel members is a channel agent. 2. Question : Agents and brokers are intermediaries who do not take title to a product but facilitate its sale from producer to end use by representing retailers, wholesalers, or manufacturers. 3. Questi on : Indicate whether the statement presented is true or false. Agents and brokers are wholesaling intermediaries who do not take title to product but facilitate its sale from producer to end user by representing retailers, wholesalers, or manufacturers. 4. Question : Logistics is the term that refers to the physical distribution of goods from one location to another. 5. Question : What enables companies to use another manufacturer’s already established channels? 6. Question : Indicate whether the statement presented is true or false. One of the most critical global supply chain issues for importers of any size is coping with legalities of trade in other countries. 7. Question : Reliability is the total time a carrier has possession of goods, including the time required for pickup and delivery, handling and movement between the point of origin and the designation.