Which of the Following Is an Objective of Logistics

question 61

Multiple Choice

Which of the following is an objective of logistics?

• A)increase the cost of value creation
• B)manage a firm's global supply chain at a low cost
• C)reduce inventory turnover
• D)reduce a firm's customer responsiveness
• E)increase inventory holding costs

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Definitions:

Liquidity

A measure of how easily assets can be converted into cash without losing value.

Obligations

Responsibilities or duties bound by law or contract that one party owes another, including the repayment of debts or fulfilling contractual agreements.

Company

An organization engaged in commercial, industrial, or professional activities, which can be a legal entity separate from its owners.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or less.