The Idea of Structuring Logistics as an Integrated Organization

question 5

Multiple Choice

The idea of structuring logistics as an integrated organization:

• A)has been a concern since the beginning of the industrial revolution
• B)first appeared in the 1950s
• C)became necessary because of advanced information systems
• D)is more important for manufacturers than it is for retailers

---

Definitions:

Required Rate Of Return

The minimum percentage return an investor expects to receive from an investment due to its risk level.

Tax Rate

The percentage at which an individual or corporation is taxed on their income.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term financial health and efficiency.

Floor Inventory

The minimum amount of goods that a retailer keeps on the shop floor to ensure an adequate supply for normal sales volumes.