Question

1. Which of the following statements is true? *

[A] Logistics and supply chain are same. 

[B] Logistics is a subset of supply chain.

[C] Physical distribution and logistics are the same.

[D] Transportation and logistics are same​

Answer 1

Answer:

is a

Explanation:

................

Answer 2

The true statement is: Logistics is a subset of the supply chain. (Option B)

• The entire managing process of acquiring, storing, and transporting resources to their final destination is known as logistics.
• The network formed for the production and distribution of products to final buyers between companies and their suppliers is known as the supply chain.
• If the supply chain is the network of retailers, wholesalers, suppliers, manufacturers, then logistics is the transportation of goods from one point to another within this network
• Hence, logistics is an activity happening within the supply chain and thus, a subset of the supply chain.