Question

Understanding the finances in a for-profit business is necessary for all the following tasks performed by logistic professionals EXCEPT

Understanding the finances in a for-profit business is necessary for all the following tasks performed by logistic professionals EXCEPT



Streamlining operations



Make buy decisions



Identifying emerging markets



Sourcing a new supplier

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Answer #1

Identification of emerging market is not a work of logistics professional because identification of emerging market will be done by the top level Management which will be mostly associated with strategic level management theme and it is not related to the logistics department because logistics department will always be involving itself into routine activities like streamlining operations and sourcing new supplier and making or buying decision making.

All the other options are false.

Correct answer will be option ( C) Identifying emerging markets.

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