Which of the Following Statements Is Best

question 18

Multiple Choice

Which of the following statements is best?

• A) the objective of distribution management is to provide the required level of service at least cost
• B) there will be cost trade-off between the various activities in physical distribution
• C) distribution can operate separately from marketing and production
• D) a and b are true
• E) b and c are true.

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Definitions:

Celler-Kefauver Act

A United States antitrust law passed in 1950, aimed at preventing anti-competitive mergers and acquisitions by closing loopholes in the earlier Clayton Antitrust Act.

Clayton Act

A United States antitrust law enacted in 1914, aimed at promoting competition by preventing unfair business practices such as price discrimination and exclusive dealings.

Sherman Act

A landmark federal statute in the field of U.S. antitrust law aimed at prohibiting monopolistic practices and promoting competition.

Clayton Act

A U.S. antitrust law, passed in 1914, aimed at protecting trade and commerce against unlawful restraint and monopolies.