Post Utme Mountain Top University 2018 Commerce Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2018 Commerce Objective / Multiple Choice

Question 19 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • COMMERCE • objective

A company's warehouse is located in a remote area, and the company uses a third-party logistics provider to manage its inventory. What is the term for this type of inventory management system?

Answer Options

A. Just-in-Time (JIT) inventory system

B. Vendor-managed inventory (VMI) system

Correct Answer C. Third-party logistics (3PL) system

D. Enterprise resource planning (ERP) system

Correct Answer

Correct Option:

Third-party logistics (3PL) system

About This Question

This is Post Utme Mountain Top University 2018 Commerce Question 19. It is one of the objective questions from the 2018 Post Utme Mountain Top University Commerce examination.

View More Post Utme Mountain Top University 2018 Commerce Questions More Post Utme Mountain Top University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support