The centralized management of all functions involved in a firm's relationships with suppliers and customers is called
A) chief executive management.
B) logistics.
C) cost-revenue control.
D) elasticity.

Question

Quizplus · Accepted Answer

Logistics is the correct term for the centralized management of all functions involved in a firm's relationships with suppliers and customers, encompassing the planning, implementation, and control of the flow of goods, services, and information between the point of origin and the point of consumption to meet customer requirements.

The Centralized Management of All Functions Involved in a Firm's