Video: Regal Marine Supply Chain
What is the name of the organization that Regal Marine participates in with 12 other independent boat builders that enables it to obtain preferred price advantage?
A.
National Marine Manufacturers Association
B.
American Boat Builders Association
Your answer is correct.
C.
Contemporary Boat Builders Group
D.
Corporate Boat Builders & Repairers
Regal Marine's purchases are what percent of its sales?
A.
10%
B.
5%
C.
15%
D.
60%
Regal Marine's supply chain strategy might best be described as
A.
an effort at long-term partnering relationships with suppliers.
Your answer is correct.
B.
a series of joint ventures with major suppliers.
C.
a version of vertical integration.
D.
effective direct negotiating with many suppliers to obtain the best price.
What organizational function has the opportunity to most affect net income?
A.
purchasing
Your answer is correct.
B.
human resources
C.
marketing
D.
accounting
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