Reference no: EM132208692
1. Which of the following accurately describes the three different business categories discussed in Module 2?
Manufacturers, Service Firms, and Governments
Commercial Firms, Institutions, and Governments.
Service Firms, Distributors/Wholesalers, and Governments
Retailers, Manufacturers, and Distributors/Wholesalers
Commercial Firms, Manufacturers, and Governments
2. ___________________ describes the activities involved in managing the movement of materials and components from point to point in the supply chain, while ___________________ describes an independent company that purchases and assumes title from the products it purchases and resells them to users and original equipment manufacturer
Gathering marketing information, an OEM
Logistics; a supply chain
A distributor; an OEM
Logistics; a distributor
Forecasting market needs; safe housing
3. japan economic development after world war 2 is more likely attributed to:
a. their abundance of natural resources
b. their large internal demand for consumer goods
c. Loans made to them by the International Monetary Funds
d. the planned development of the automobile industry
4. a countries capacities for wealth creation and economic development can be linked to:
a. It's endowment of natural resources
b. Industrialization
c. Its agricultural capacity
d. Exporting