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Questions and Answers
What is logistics primarily concerned with?
What is logistics primarily concerned with?
- Managing engineering activities
- Telecommunication and transportation technologies
- Supply chains and retail outlets
- Management, engineering, and technical activities (correct)
Which of the following is NOT part of the logistics network?
Which of the following is NOT part of the logistics network?
- Raw materials and finished products
- Telecommunication technologies (correct)
- Suppliers and manufacturing centers
- Distribution centers and retail outlets
What is the role of logistics management in relation to cost?
What is the role of logistics management in relation to cost?
- It considers every facility that impacts cost (correct)
- It increases cost for the customers
- It reduces the cost by eliminating suppliers
- It has no impact on cost
How does logistics serve as a boundary spanning function?
How does logistics serve as a boundary spanning function?
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Why is it essential for companies to focus on strategic opportunities in logistics?
Why is it essential for companies to focus on strategic opportunities in logistics?
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What has led to the growth of the supply chain according to the text?
What has led to the growth of the supply chain according to the text?
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