Logistics Has Grown in Importance for All of the Following

question 72

Multiple Choice

Logistics has grown in importance for all of the following reasons EXCEPT that ________.

• A) companies that become channel members want to continue to grow and expand.
• B) companies can gain a powerful competitive advantage by using improved logistics to give customers better service or lower prices.
• C) improved logistics can yield tremendous cost savings to both a company and its customers.
• D) more than almost any other marketing function, logistics affects the environment and a firm's environmental sustainability efforts.
• E) the explosion in product variety has created a need for improved logistics management.

---

Definitions:

Seller Surplus

The difference between the amount sellers are willing to accept for a good or service and the amount they actually receive.

Unconsummated Transaction

A deal or negotiation that has been discussed or agreed upon in principle but has not been finalized or completed.

Sales Tax

a tax imposed on sales of goods and services, typically calculated as a percentage of the purchase price.

Buyer Surplus

The difference between the maximum amount a consumer is willing to pay for a good or service and the actual amount paid.