Question: TRUE or FALSE 1. An omnichannel approach involves using a single channel of both communication and shipping. 2. Competitive bidding is particularly effective when there

TRUE or FALSE

1. An omnichannel approach involves using a single channel of both communication and shipping.

2. Competitive bidding is particularly effective when there is only a single supplier.

3. Logistics represents more than 20% of the U.S. gross domestic product.

4. As the number of facilities in a distribution network increases, the response time also increase.

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