The Physical Distribution Concept Focuses on Lower Costs and Better

question 103

True/False

The physical distribution concept focuses on lower costs and better service to increase customer value.

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Definitions:

Untapped Group

A segment of the market or population that has not yet been addressed or utilized by businesses in their marketing campaigns or product offerings.

Geographic Segmentation

Geographic segmentation is a marketing strategy that divides the market into segments based on location, such as countries, cities, or neighborhoods.

Weather and Climate

Weather refers to the short-term conditions of the atmosphere at any given time, while climate denotes the average weather conditions of a place over a long period.

Marketers

Professionals involved in the planning, promotion, and selling of products or services to consumers and other businesses.