Which of the following is true about logistics?
a. A proper management of the logistics system is to achieve the best combination of packaging, handling, storage, and transportation.
b. Efficient allocation of resources must be present to achieve a well-balanced international logistics system.
c. Logistics contribute relatively little to economic growth and employment in a given economy.
d. Logistics are very new in international business; most companies in today's business environment rarely practice.
Question 2
_____________ refers to the control and management of transportation services, including selection of mode of transportation carriers, consolidation of small cargo, documentation, and filing of loss and damage claims.
a. Traffic management
b. Logistics management
c. Supply chain management
d. Sourcing management
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True Dover Sole