Logistics and Supply Chain Management
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Questions and Answers

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?

  • 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?

  • 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?

    <p>By integrating functional entities across a company</p> Signup and view all the answers

    Why is it essential for companies to focus on strategic opportunities in logistics?

    <p>To align resources with customer requirements</p> Signup and view all the answers

    What has led to the growth of the supply chain according to the text?

    <p>Investment in telecommunication and transportation technologies</p> Signup and view all the answers

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