Question

Logistics is the part of a supply chain involved with the forward and reverse flow of
(A) goods
(B) services
(C) cash
(D) all of those

Answer 1

Answer:

The correct answer is option 'd' i.e., All of the above

Answer 2

Answer:

Logistics is the part of a supply chain involved with the forward and reverse flow of goods, services and cash.

Explanation:

• Logistics is the part of the supply chain involved with the forward and reverse flow and storage of goods, services, and associated facts among the factor of foundation and the factor of intake to fulfill customers' requirements.
• In many cases, forward logistics consists of product development, material sourcing, manufacturing, transportation to distribution centers, and final-mile delivery to a consumer. Reverse logistics defines the moving products and materials back into the supply chain post-delivery.

Thus the correct answer is Option D.

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