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:

Self-Concept

An individual's perception and evaluation of themselves, including beliefs, feelings, and thoughts about one’s identity and attributes.

Schema

A cognitive framework or concept that helps organize and interpret information in the world around us.

Impressions

The initial thoughts or feelings about someone or something, formed quickly and without much evidence.

Stereotypes

Oversimplified, generalized ideas or beliefs about the characteristics, attributes, and behaviors of a particular group or individual.