Questions

Logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements.

Prices do not reflect the full social cost of production is an example of Market failure.

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

Ctrl+Shift+F Opens the Font dialog box with the focus at the Font combo box.

A colon is used to connect two sentences when the second sentence expands, illustrates, explains, summarizes, or sharpens the first. Both sentences should be complete, and their content should be very closely related.

Example:

This girl has two favorite hobbies: watching movies and seeing how long she can hold her breathe.

Production costs to an economist reflect opportunity costs.

Cerebrum is the largest region of the brain.