________ Are Examples of Activities That Constitute Inbound Logistics

question 96

Multiple Choice

________ are examples of activities that constitute inbound logistics.

• A)Activities that transform inputs into final products or services
• B)Activities that consist of receiving,storing,and distributing the materials used as inputs by the organization to create goods and/or services it sells
• C)Activities that provide post-sale support to customers
• D)Activities that help customers to buy the organization's products or services

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Definitions:

Perfect Competitor

An ideal market condition where all sellers offer identical products, leading to equal market share and no price control.

Input

Resources used in the process of production, such as labor, materials, and capital.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute one good for another more or less expensive one.

Wage Rate

The standardized amount of money paid to an employee per unit of time or piece of work completed.