____ Is the Management and Control of the Flow of Goods

question 7

Multiple Choice

____ is the management and control of the flow of goods and resources from the source of production to the marketplace.

• A)Production
• B)Logistics
• C)Operations
• D)Manufacturing
• E)The just-in-time system

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Definitions:

Inventory Turnover

A measure of how quickly a company sells its inventory within a specific period, indicating the efficiency of inventory management.

Dividend Yield

An indicator that illustrates the yearly dividend payout of a company against its stock price.

Gross Margin Ratio

A financial metric indicating the percentage of sales revenue remaining after deducting the cost of goods sold, serving as a measure of a company's production efficiency and pricing strategy.

Operating Activity

Activities that constitute the primary or core business functions, including sales and service provision, and their related expenses, generating most of the company's cash flows.