QUESTIONS AND ANSWERS GUARANTEED TO
PASS
◉ The manufacturer's "Minimum Order" is? Answer: The amount
that is the minimum that must be ordered
◉ Manufacturer's should "Make Markets". Which of the following
describes this function? Answer: All of the above
◉ MRO stands for? Answer: Maintenance, Repair, and Operations
◉ The "Net Sale" is? Answer: The actual money received after
discounts & adjustments
◉ OEM stands for? Answer: Original Equipment Manufacturer
◉ The part of the balance sheet that represents the money other
owe us that we have extended credit is referred to as? Answer:
Accounts Receivable
◉ People who specify products in the industrial channel include
which of the following? Answer: All of the above
,◉ The person responsible for meeting the customer at the
customer's location is often referred to as? Answer: Outside Sales
◉ Pertains to the container of the product? Answer: Packaging
◉ The process of buying products, not currently in stock in our
warehouse, but from our competitors or other local sources to
complete a customer transaction is? Answer: Buy Outs
◉ The process that takes place directly after an order ticket has been
printed for an order that is scheduled to be shipped, and is also
known as picking, is which of the following? Answer: Order Filling
◉ Sanderson Farms owns a large chicken processing plant in Bryan,
Texas. This is an example of _____? Answer: MRO (Maintenance,
Repair, and Operational)
◉ Selling products in smaller quantities than allowed by the
manufacturer? Answer: Breaking Bulk
◉ The series of "Extending Credit", would be most beneficial to
which of the following users? Answer: Contractor
, ◉ Simpson products are sold through many distributors. This is an
example of _____ distribution? Answer: Intensive
◉ UOM stands for? Answer: UOM (Unit Of Measure)
◉ What does PAID stand for? Answer: Professional Association for
Industrial Distribution
◉ When Texas A&M University decided to build a new building, they
paid a company by the name of Vaughn Construction to oversee the
process. Vaughn is an example of? Answer: A Contractor
◉ When the customer wants to place orders? Answer: Purchase
Time
◉ Which of the following are specific service outputs provided by
the typical industrial distributor? Answer: All of the above
◉ Which of the following can offer advice that is more independent?
Answer: Non-Factory-Owned Distributor
◉ Which of the following is a term used to protect channel members
who help a product become specified into an application? Answer:
Design Wins