Which of the following statement is true?1. Logistic Management is an extension of Supply Chain Management.2. Supply chain management is a tool of business transformation and involves delivering the right product at the right time to the right place and at the right price.Select the correct answer from the options given below.

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Which of the following statement is true?<br />1. Logistic Management is an extension of Supply Chain Management.<br />2. Supply chain management is a tool of business transformation and involves delivering the right product at the right time to the right place and at the right price.<br />Select the correct answer from the options given below.