The correct option is (b) process.
When developing a logistics strategy, a <u>process</u> strategy refers to the management of logistics activities with a focus on costs.
<h3>What is process strategy?</h3>
The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.
The four process strategies are mass customization, repetition focus, process focus, and product focus. Process emphasis is about specialization, whereas product focus is about mass output.
<h3>How do you create a process strategy?</h3>
Steps in the strategic planning process
- Choose your strategic stance. The basis for all subsequent work is laid during this preparation stage.
- Set goals in order of importance.
- Create a plan.
- Manage and carry out the plan.
- Examine and update the plan.
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The complete question is:
“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.
a. market
b. process
c. command and control
d. information”
