All of the Following Are Logistics Components of the Supply

question 63

Multiple Choice

All of the following are logistics components of the supply chain EXCEPT:

• A) trade promotions
• B) production
• C) inventory control
• D) warehousing and materials handling
• E) order processing

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Definitions:

Major External Factors

Key influences originating outside of an organization that can significantly impact its performance and strategy, such as economic, social, technological, and political conditions.

Direct Competition

Two or more businesses offering products or services that directly compete against each other.

Currency Fluctuation

Refers to the variations in the value of one currency relative to another, which can impact international trade and investments.

Substitute Products

Goods and services that perform very similar functions and can be used in place of one another.