Question: Logistics is only concerned with forward flows - that is , those directed toward the point of consumption. True or False The purpose of logistics
Logistics is only concerned with forward flows that is those directed toward the point of consumption. True or False
The purpose of logistics is to maximize customer service. True or False
In mass logistics groups of customers with similar logistical needs and wants are provided with logistics services appropriate to those wants and needs. True or False
Humanitarian logistics represents an emerging application of logistics to notforprofit organizations. True or False
Reductions in economic regulation allowed individual transportation companies flexibility in pricing and service. True or False
Market demassification suggests that the customer desires a product offering that is highly tailored to his exact preference. True or False
Disintermediation refers to the removal of intermediaries between producer and consumer. True or False
Superior logistics is an essential component of corporate strategies for many bigbox retailers. True or False
Logistics has played a minor role in the growth of global trade. True or False
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