Multiple Choice
Which of the following is true of logistics?
A) Companies can gain a powerful competitive advantage by using improved logistics to enhance customer service or lower prices.
B) The cost savings to a company and its customers due to improved logistics is typically nominal.
C) Less than 5 percent of an average product's price is accounted for by shipping and transport.
D) The cost of logistics is considerably less than advertising.
E) Shaving off a small fraction of logistics costs has very little impact on savings.
Correct Answer:
Verified
Correct Answer:
Verified
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