UPS Logistics Earned More Than $1 Billion in Revenue in a Recent

question 138

Multiple Choice

UPS Logistics earned more than $1 billion in revenue in a recent year and is one of the fastest growing divisions of UPS.UPS Logistics designs and manages entire transportation and customer service networks for global clients that include Ford Motor Company and National Semiconductor.UPS Logistics:

• A)creates utility for these companies' customers.
• B)assumes the role of freight forwarder.
• C)increases the number of steps in the value proposition.
• D)assumes the role of drop shipper.

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Definitions:

Competitive Price-searcher

A market condition where firms have some control over pricing because their products are differentiated, but they must still consider competitors' prices in their pricing strategy.

Retail Selling

The process of selling goods or services directly to consumers through various channels, such as stores, online platforms, or by phone.

Product Differentiation

The practice of distinguishing a product or service from others, to make it more attractive to a particular target market.

Demand Curves

Graphical representations showing the relationship between the price of a good and the quantity demanded by consumers.