When a Firm Implements the Physical Distribution Concept for Its

question 157

Multiple Choice

When a firm implements the physical distribution concept for its products,what does that imply?

• A)The firm treats physical distribution functions as separate and unrelated activities.
• B)The firm seeks to minimize the cost of distribution for a given customer service level.
• C)The firm supports individual functional activities rather than the whole physical distribution system.
• D)The firm spreads responsibility for different logistics activities among various departments.
• E)The firm focuses to increase customer value with better service at relatively high costs.

---

Definitions:

Superiors and Subordinates

The relationship dynamics between higher-ranking individuals and those of lower status or position within a hierarchical structure.

Bimodal Wealth Distribution

A type of wealth distribution in a society where the majority of resources are held by two distinct groups, creating a gap between a small, wealthy class and a larger, less affluent class.

Middle Class

A social group between the upper and working classes, typically characterized by moderate income, education, and professional jobs.

Highly Concentrated Wealth

A situation where a significant portion of wealth is held by a very small percentage of the population, leading to economic disparities.