One Problem with a ___________ Logistics Structure Is That Because

question 19

Multiple Choice

One problem with a ___________ logistics structure is that because logistics activities are scattered throughout a firm,they likely remain subservient to the objectives of the department in which they are housed.

• A)fragmented
• B)matrix
• C)decentralized
• D)hierarchical

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained rather than distributed to shareholders as dividends, typically used for reinvestment.

Accounts Closed

This term refers to the process of clearing the balance of temporary accounts at the end of the accounting period and transferring the balances to permanent accounts.

Trial Balance

A bookkeeping report that lists the balances of all ledgers accounts in order to verify that total debits equal total credits.

Financial Statements

Formal records of an entity's financial activities and conditions, including the balance sheet, income statement, and cash flow statement.