Examlex

Solved

Explain the Importance of Logistics to Small Businesses

question 57

Essay

Explain the importance of logistics to small businesses.
e.g., industry sector, company location, and company size. Retailers that offer a wide assortment of products will spend more on logistics because transportation and storage costs will increase as the number of carried products increases.
Logistics include decisions related to warehousing, transportation, inventory control, and order processing.
Moderate


Definitions:

Fairness Doctrine

A policy by the Federal Communications Commission that required broadcasters to present contrasting viewpoints on controversial issues of public importance, abolished in 1987.

Federal Government

The federal government of a federation, which divides its sovereignty with the governments of its constituent states.

Enforcing

The act of compelling observance of or compliance with a law, rule, or obligation.

Communications Decency Act

A 1996 U.S. law aiming to regulate pornography on the Internet, significant for its impact on online speech and censorship.

Related Questions