1. Describe the concept of a Distribution Channel and what is a VMS (Vertical Marketing System)?
A marketing channel is some marketing organizations leading something from company to final user. A distribution route consists of organizations that have merged because of their common good. Each channel member depends upon the others. Syndication programs move products and services from businesses to clients and other businesses. Also called marketing channels, programs of distribution consist of a set of interdependent organizations such as wholesalers, stores, independent manufacturers and sales agents involved with making something or service available for use or consumption.
For example, a Ford supplier depends upon Ford to design automobiles that meet consumer needs.
1 . Why was obviously a risk management program considered pointless? According to the contract award, deals at that time would not require which a risk management prepare be develop while according to the sponsor the chance management plan was not necessary because almost all of the new weapon systems requirements are established by military workers who have not any sense of reality as to what it takes to produce a system system based on technology which will does not even exist however. According Kerzner, in the earlier times of the job management in many industrial programs, the majority of project decisions heavily favored cost and schedule. This is because all of us knew more about price and booking than we all did about the technological risks. However it is essential that programs define and put into practice appropriate risk management and a contingency plans to boost program supervision effectiveness and offer program managers a key device..