Which of the following refers to management of the physical flow of products from point of origin as raw materials to end users as finished products?

Question

Quizplus · Accepted Answer

Logistics refers to the management of the physical flow of products from point of origin as raw materials to end users as finished products. Market receptivity refers to how receptive the market is to a product or service. Commercial infrastructure refers to the physical and organizational structures that support business activity. Environmental scanning refers to the process of monitoring and analyzing trends and developments in the external environment that may impact a business.

Which of the Following Refers to Management of the Physical