Logistics Is the Activity That Controls the

question 4

Multiple Choice

Logistics is the activity that controls the

• A) effective flows of physical materials through the value chain.
• B) customer contact points of a business.
• C) activities involved in creating a product.
• D) information flows between a business and its customers.

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Definitions:

Small Business

An independently owned and operated company that is limited in size and in revenue depending on the industry.

Strategic Standpoints

Positions or perspectives taken with the intention of achieving long-term goals or objectives.

Flexibility

The ability of an individual or organization to adapt to changes, challenges, or unexpected circumstances in a prompt and efficient manner.

Managerial Skills

The abilities and competencies that managers need in order to fulfill their duties effectively, such as leadership, communication, and decision-making skills.