The Two Major Categories of Physical Distribution Are

question 140

Multiple Choice

The two major categories of physical distribution are

• A) transportation and materials handling.
• B) production and operations.
• C) inventory control and quality control.
• D) materials handling and inventory control.
• E) warehousing and transportation.

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Definitions:

Valid Promise

A pledge or commitment within a contract that meets all legal requirements, making it enforceable by law.

Option Contract

An agreement providing the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specific timeframe.

Consideration

An item of worth traded between individuals in a contract to render the agreement enforceable by law.

Final Decision

A conclusive determination or resolution in a process or dispute, often implying that no further discussion or appeal is anticipated.