What does the term logistics refer to?
A) All attempts to measure and minimize the ecological impact of logistics activities.
B) A chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.
C) A group of organizations and people involved in moving a product or service from supplier to customer.
D) The process of developing, executing, and adjusting procedures for the efficient and effective transportation and storage of goods from the point of origin to the point of consumption.
Correct Answer:
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Q1: What is the primary objective of logistics
Q2: Logistics management is used as a means
Q3: At a micro level, logistics works as
Q4: Logistics management is not required in which
Q5: Logistics are a vital cost for firms,
Q7: The 6 "R" of logistics are:
A)Right Product,
Q8: What are the key activities required to
Q9: The term "costs of system" can be
Q10: If the final inspector at a tractor
Q11: What is the correct order of the
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