The Objective of Information and Logistics Management in a Supply

question 259

Multiple Choice

The objective of information and logistics management in a supply chain is to minimize relevant logistics costs and to:

• A)deliver maximum customer service.
• B)maximize marketing objectives.
• C)minimize shareholder's return on investment.
• D)minimize employee productivity.

---

Definitions:

Economic Opportunities

Chances or prospects available in the marketplace that can lead to financial growth, business expansion, and employment generation.

Financial Statements

Papers that summarize the financial status of a corporation, featuring the balance sheet, income statement, and statement of cash flows.

Monopoly Privileges

Exclusive rights granted to a company or entity to operate as the sole provider of a product or service in a specific market or region.

Financial Statement Data

This refers to the quantitative information contained in the financial statements of a company, including the balance sheet, income statement, and cash flow statement, used for analysis.