Working with FedEx,Volvo Set Up a Warehouse with a Complete

question 11

Multiple Choice

Working with FedEx,Volvo set up a warehouse with a complete stock of truck parts.A dealer needing a part for an emergency phones a toll-free number,and the part is delivered by FedEx within 24 hours.What is Volvo using?

• A)outsourcing
• B)cross-docking
• C)piggybacking
• D)an integrated demand channel

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Definitions:

Tying Arrangement

Illegal agreement in which the sale of one product is tied to the sale of another.

Antitrust Laws

Legislation enacted to promote competition and prevent monopolies by regulating anti-competitive business practices.

Scuba Gear

Equipment used for underwater diving that allows a diver to breathe underwater, typically including items such as a mask, fins, regulator, and an air tank.

Sherman Act

A landmark federal statute in the field of antitrust law in the United States that prohibits monopolistic practices and promotes competition.