The operations involved in the efficient and effective flow and storage of goods,services,and related information from point of origin to point of consumption best defines

Question

Quizplus · Accepted Answer

The definition provided in the question best matches the concept of logistics, which includes the movement and coordination of goods, services, and information from the source (supplier/manufacturer) through intermediaries (such as warehouses and transportation) to the end consumer. Options A, B, and C are more specific to certain aspects of business operations and do not encompass the entire supply chain process.

The Operations Involved in the Efficient and Effective Flow and Storage