Examlex
Which of the following demonstrates how logistics has an effect on the product element of the marketing mix?
Federal Government
The system of government in which power is divided between a central authority and constituent political units (such as states or provinces), with the United States government being a prime example.
Cabinet Departments
Major administrative units within the executive branch of the U.S. government, each headed by a Secretary, responsible for a specific area of government policy.
Public Bureaucracy
The body of government officials and administrators, often career civil servants, responsible for implementing policies and administering public programs.
Profit
The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes associated with them.
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