Which of the following statements are correct? (1) Supply chain management is a narrower concept than logistics management. (2) Reduction of inventory is a key objective of logistics management. (3) Outbound logistics is

CS Executive · Financial and Strategic Management · PYQS · December 2020
Which of the following statements are correct? (1) Supply chain management is a narrower concept than logistics management. (2) Reduction of inventory is a key objective of logistics management. (3) Outbound logistics is also called upstream logistics. (4) Logistical Network includes various facilities like manufacturing plants, warehouses, distribution centres. Codes:
(A) (1), (2), (3) and (4) are correct
(B) (1), (3) and (4) are correct
(C) (2) and (3) are correct
(D) (2) and (4) are correct

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Strategic Management

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic