ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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refers to satisfying current and emerging customer needs
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responsiveness
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responsibility
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creativity
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relevancy
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Explanation:
Detailed explanation-1: -Responsiveness refers to satisfying current and emerging customer needs.
Detailed explanation-2: -There are four elements to customer value in logistics, which are: quality, service, cost and time.
Detailed explanation-3: -Physical Distribution: Storage of finished product and movement to the customer. Logistics Managers use the total cost approach to coordinate inbound logistics, materials management, and physical distribution in a cost-efficient manner.
Detailed explanation-4: -The main objectives of the logistic are to improve the overall organization performance and customer satisfaction by improving products or service delivery to customer.
There is 1 question to complete.