In General,offering Consumers Higher Levels of Service Output in Terms

question 12

Multiple Choice

In general,offering consumers higher levels of service output in terms of greater spatial convenience or product variety:

• A)has little impact on logistics and distribution cost
• B)results in lower logistics and distribution cost
• C)results in higher logistics and distribution cost
• D)does not impact configuration of a supply chain

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Definitions:

Cash Receipts

The total amount of money received by a business or organization during a specific period, often documented for accounting purposes.

Cash Management

The practice of managing a company's or individual's cash flow and investments to optimize liquidity and make effective use of cash reserves.

Rational Purchaser

An economic concept describing a consumer who makes buying decisions based on thorough analysis to maximize utility.

Creditworthiness

An assessment of a borrower's ability to repay debts based on their financial history and current financial status.