GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following is not included in the elements of physical distribution?

A	Inventory
B	Costing
C	Transportation
D	Warehousing

Explanation:

Detailed explanation-1: -Warehousing is a part of the logistics process. It is a holding place for products and materials. Warehousing does not require any physical movement of inventory.

Detailed explanation-2: -The model of the physical distribution system consists of the following (cost) elements: inventory, transport, handling, and warehousing.

Detailed explanation-3: -Transportation: Transportation is a very essential component of physical distribution which plays a crucial role in movement of the stored goods from warehouse to the customers.

Detailed explanation-4: -Important physical distribution functions include customer service, order processing, inventory control, transportation and logistics, and packaging and materials.

There is 1 question to complete.