Strategic & Financial Planning Logistics & Supp Chain Management

Finance mean the following except for:

• art and science of managing money

• referred as the provision of money at the time when it is needed

• procurement of funds and their effective utilization in business concerns

• All of the above

Business concern needs finance to meet their requirements in the economic world. Logistics and any kind of business activity depends on the finance. Hence, it is called as _________ of business organization.

is a key concept for any company. For each possible output level, a company needs to know how much it will cost to produce and distribute this output as well as how much revenue will be earned by selling it.

• Profitability

• Finance

• Wealth

• None of these

Below are the examples of fixed cost in the logistics planning except for:

• Roadway Acquisition

• Carrier Administration

• Terminal Facilities

• Equipment Maintenance

Which of the following is an example of Variable Costing in Logistics Planning?

• Fuel

• Pipeline

• Infrastracture

• None of these

Logistics has always been a ______ and _________ feature of all economic activity, without logistics, no materials move, no operations can be done, no products are delivered, and no customers are served.

As an _________ function, logistics has an impact on an organization’s overall financial performance.

What are the primary benefits of logistics planning?

• to minimize the investments

• to boost the customer satidfaction

• to control and manage the costing

• All of the above