_____ is the efficient and cost-effective forward and reverse flow and storage of goods, services, and related information, into, through, and out of channel member companies.
A. Disintermediation
B. Logistics
C. Materials handling
D. Intermodal transportation
E. Contract logistics
Answer: B
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a. True b. False Indicate whether the statement is true or false
Leaders’ power to provide pay raises and promotions is ______.
A. reward B. coercive C. legitimate D. referent
Douglas obtained a $100,000 insurance policy on his warehouse. The policy contained an 80 percent coinsurance clause. An accidental fire totally damaged the building that had a fair market value of $250,000 at the time of the loss. How much will Douglas recover from his insurance company?
A. $100,000 B. $80,000 C. $250,000 D. $200,000
The repair of machines is an example of a nonvalue-adding activity
Indicate whether the statement is true or false