ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Logistics is:
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link between facilities in a supply chain
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node between facilities in a supply chain
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production of raw materials into goods
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None of the above
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Explanation:
Detailed explanation-1: -While supply chain management handles activities between separate entities, logistics focuses on the internal movement of goods. Additionally, SCM supports all purchasing, production and distribution of goods. Logistics, meanwhile, moves and stores goods between different points in the supply chain.
Detailed explanation-2: -Marketing logistics includes distributing goods and services from the producer to the final customer at the right place, time, and price.
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