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One of the Three Major Concepts of the Logistics of International

question 17

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One of the three major concepts of the logistics of international management, _______ concept is based on the notion that materials-flow activities within and outside of the firm are so extensive and complex that they can be considered only in the context of their interaction.


Definitions:

Cross-functional Goals

Objectives that require collaboration and coordination across different departments or functions within an organization to achieve.

Low-margin Business

A business that operates with a small difference between the cost to produce goods or services and the selling price, resulting in low profit margins.

Adding Capacity

The process of increasing the potential output of a business to meet expected demand.

Leadership

The act of guiding or influencing a group towards achieving its goals, often involving making strategic decisions, motivating individuals, and fostering teamwork.

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