While Available Evidence Supports the Fact That the President or CEO

question 9

Multiple Choice

While available evidence supports the fact that the president or CEO and the finance executive are often involved with the identification of the need for logistic services,

• A) customers are demanding a change.
• B) executives from other areas in the firms are also aware of such needs but to a lesser degree.
• C) a 4PL will suggest greater collaboration.
• D) off shore sourcing will point to greater need.

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Definitions:

Sole Proprietorship

A business structure where an individual owner operates the company and is personally responsible for its debts.

Personally Responsible

Taking ownership and accountability for one's actions and duties, being reliable in fulfilling obligations and commitments.

Injuries

Physical harm or damage to the body caused by accidents, falls, hits, weapons, or other external forces.

Federally Registered

A status indicating that a business, trademark, or other item has been officially recorded and recognized by a national government.