An Important Goal of Physical Distribution Is Reducing the Time

question 237

Multiple Choice

An important goal of physical distribution is reducing the time it takes to complete

• A) inventory management.
• B) outsourcing evaluation.
• C) electronic data interchange.
• D) order processing.
• E) cycle time.

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Definitions:

Consumer's Want

The desires or needs that influence a consumer's decision to purchase a product or service.

Small Business Owners

Individuals who own and operate businesses that are typically smaller in scale in terms of revenue, employees, and operations.

Business Running

The day-to-day operations and management of a business to ensure it functions efficiently and meets its goals.

Capital Equipment Assets

Long-term physical assets purchased for manufacturing, production, or other business operations.