ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marketing logistics involves getting the right product to the right customer in the right place at the right time. Which one of the following is not included in this process?
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implementing the plan for the flow of goods and services
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planning the physical flow of goods and services
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controlling the physical flow of goods, services, and information
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gathering customer’s ideas for new products
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Explanation:
Detailed explanation-1: -Marketing logistics pertains to the process of delivering the information from the producer to the market. While these two components of business do not seem like they correlate, they are actually very dependent on the other and aid in determining consumer demand and increase profit within the operation.
Detailed explanation-2: -These activities include transportation warehousing, inventory control, order processing and information monitoring.
There is 1 question to complete.