What is marketing logistics? What are the components of marketing logistics?

What will be an ideal response?

Marketing logistics — also called physical distribution — involves planning, implementing, and controlling the physical flow of goods, services, and related information from points of origin to points of consumption, to meet customer requirements at a profit. Marketing logistics involves (a) outbound logistics, which is moving products from the factory to resellers and ultimately to customers, (b) inbound logistics, which is moving products and materials from suppliers to the factory, and (c) reverse logistics, which is reusing, recycling, refurbishing, or disposing of broken, unwanted, or excess products returned by consumers or resellers.

Business

You might also like to view...

A trademark is only issued if the registrant proves he has used the mark in commerce

Indicate whether the statement is true or false

Business

Compare the shadow price to the dual price

What will be an ideal response?

Business