Practice Quiz

Supply Chain Management

Category - Logistics

Start a Study Session Sign up for Question of the Day
What does the term logistics refer to?
  1. All attempts to measure and minimize the ecological impact of logistics activities.
  2. 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.
  3. A group of organizations and people involved in moving a product or service from supplier to customer.
  4. 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.
Explanation
Answer: D - The process of developing, executing, and adjusting procedures for the efficient and effective transportation and storage of goods, including services and related information, from the point of origin to the point of consumption for the purpose of conforming to customer requirements.
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz