ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Storage, retrieval, and distribution of procured goods and materials is handled by which department:
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Accounting
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Marketing
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Inventory Management
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Warehousing
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Explanation:
Detailed explanation-1: -Storage is the activity of storing products at warehouses and logistics centers. Its role is to provide a steady supply of goods to the market to fill the temporal gap between producers and consumers. It also plays an important role in maintaining quality at warehouses and logistics centers and value of products.
Detailed explanation-2: -Public warehouses, private warehouses, bonded warehouses, smart warehouses, and consolidated warehouses are some of the different types of warehouses available.
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