Logistical Function Activities Include ________ Products and Services

question 9

Multiple Choice

Logistical function activities include ________ products and services.

• A) buying and selling
• B) assorting, storing, sorting, and transporting
• C) financing and grading
• D) risk-taking
• E) marketing information and research

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Definitions:

Michael Hammer

An American engineer, management author, and business consultant known for his work on reengineering business processes.

Break Even

The point at which total cost and total revenue are equal, resulting in no net loss or gain.

Process Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.

Michael Hammer

A pioneer of business process reengineering, known for his work on improving business processes to enhance competitiveness.