Logistics Is

question 15

Multiple Choice

Logistics is:

• A) order processing but not storage
• B) the management of the flow of merchandise from vendor to the customer
• C) part of the supply chain that is developed separately from the merchandising strategy
• D) the handling of retail merchandising materials
• E) part of the supply chain that does not impact profitability for most retailers

---

Definitions:

Contribution Format

An income statement format that separates fixed costs from variable costs to highlight the contribution margin.

Target Profit

The expected profit levels set by management for a specific period, guiding pricing and sales strategies.

Income Statement

An account documenting an organization's economic activity, showing income, outlays, and net gains or deficits over a distinct timeframe.

Net Operating Income

This refers to a company's income after all operating expenses, but before interest and taxes, are subtracted from total revenue.