Logistics Includes Activities That Govern the Flow of Tangible, Physical

question 106

True/False

Logistics includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing.

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Definitions:

Knowledge Management

The process of capturing, distributing, and effectively using knowledge within an organization.

Knowledge

refers to information, understanding, or skills obtained through experience or education.

Components of Knowledge Management

The processes and systems that capture, store, and distribute knowledge within an organization to improve understanding, collaboration, and process efficiency.

Managerial Decision Making

The process by which managers make choices among alternatives to guide the behaviors of others toward achieving organizational goals.