The impact of cost reduction on profits is much larger than the impact of increased

Related MCQs

• A Channel consisting of one or more independent producers, wholesalers or retailers that are seeking to maximize their own profits even at the expense of profits for the channel as a whole is a……………
• The overall performance of corporate enterprises in terms of increased productivity ,profitability, and market share were the out put in………..stage of logistic evolution.
• Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. If the productivity is increased by 10%, it would then be
• Which type of product might require a more direct marketing channel to avoid delays and too much handling?
• ………….management should know much additional revenue would be generated through incremental improvements in the quality of customer service provided.
• Smart companies coordinate their logistics strategies and forge strong partnership with suppliers and customers to improve customer service and reduce channel cost through………………
• …………..system in logistic management refers to a set of activities concerned with storage and flow of all materials,information and control system in a cost-efficient manner.
• The six Rs abourt operational objective of logistic management includes Right response,Right quality,Right quantity,Right value,Right cost trade- offs,and………..
• ……………….. objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance.
• To control cost and output was the survival of the firm in the competitive market due to their price based competitive capacity, this was the objective in…………era of logistic evolution.