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Market Logistics Involves Planning the Infrastructure to Meet Demand, Then

question 27

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Market logistics involves planning the infrastructure to meet demand, then implementing and controlling the physical flows of materials and final goods from points of origin to points of use, to meet customer requirements at a profit.


Definitions:

Sound

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Channel

The medium through which a message is sent.

Noise

Unwanted or distracting sounds, but in communication theory, it also refers to any interference that distorts or hinders the transmission of a message.

Compromise

An agreement or a settlement of a dispute reached by each side making concessions.

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