The Objective of Information and Logistics Management in a Supply

question 200

Multiple Choice

The objective of information and logistics management in a supply chain is to deliver maximum customer service and to:

• A)minimize relevant logistics costs.
• B)minimize employee productivity.
• C)minimize shareholder's return on investment.
• D)minimize employee layoffs.

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Definitions:

Deferred Revenue

Money received by a company for goods or services which have not yet been delivered or performed.

Notes Payable

Short-term or long-term liabilities representing amounts owed to creditors, documented by promissory notes.

Long-term Note Payable

A debt obligation that is not due for repayment within the next year or operating cycle of the business.

Periodic Instalment

Regular, scheduled payments made over time to repay a debt.