AB 219 Quiz 8 AB 219 Quiz 8 | Page 2

4. Question : Logistics is the term that refers to the physical distribution of goods from one location to another. 5. Question : What enables companies to use another manufacturer’s already established channels? 6. Question : Indicate whether the statement presented is true or false. One of the most critical global supply chain issues for importers of any size is coping with legalities of trade in other countries. 7. Question : Reliability is the total time a carrier has possession of goods, including the time required for pickup and delivery, handling and movement between the point of origin and the designation. 8. Question : Indicate whether the statement presented is true or false. According to the concept of generalization of labor, breaking down a complex task into smaller, simpler ones and allocation them to specialists will create greater efficiency and lower average production costs.