What Is the Process of Strategically Managing the Efficient Flow

question 66

Multiple Choice

What is the process of strategically managing the efficient flow and storage of raw materials, inventory, and finished goods from the point of origin to the point of consumption?

• A) inventory control
• B) logistics
• C) just-in-time
• D) sourcing coordination

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Definitions:

Evaluation Apprehension

Concern that others are evaluating our behavior.

Social Pressure

The influence exerted by society or a group of people on an individual, encouraging conformity to certain behaviors, norms, or values.

Diffusion of Responsibility

A psychological phenomenon where people are less likely to take action or feel a sense of responsibility in the presence of a large group of people.