Asked by Jagmeet Sahota on May 11, 2024
Verified
Logistics is the process of coordinating the flow of money among members of the supply chain.
Supply Chain
The linked set of companies that perform or support the delivery of a company’s goods or services to customers.
Logistics
That part of supply chain management that plans, implements, and controls the flow of goods, services, and information between the point of origin and the final customer.
Flow of Money
The movement of money between individuals, businesses, and governments, influencing economic activity and financial stability.
- Understand the definition and components of marketing.
Verified Answer
SW
Shane WagnerMay 17, 2024
Final Answer :
False
Explanation :
Logistics is the process of coordinating the movement and storage of goods, services, and information among members of the supply chain, not the flow of money.
Learning Objectives
- Understand the definition and components of marketing.