Why are marketers concerned about the cost of logistics?

What will be an ideal response?

Management has become concerned about the total cost of market logistics because it can amount to as much as 30 percent to 40 percent of the product's cost. Lowering these costs enables lower prices, higher profit margins, or both.

Business

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Workers compensation insurance covers:

a. anyone employed by the broker either full-time or part-time. b. only office personnel. c. only the office manager and receptionist. d. only salespeople in the office.

Business

One form of warehousing that features light manufacturing and packaging duties and allows firms to put off final assembly or packaging until the last possible moment is:

A) assortment warehousing. B) spot stock warehousing. C) postponement warehousing. D) pac-man warehousing.

Business