Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 15.7, Problem 9TP
Summary Introduction

To determine: The meaning of inbound logistics, outbound logistics and reverse logistics.

Introduction:

When the planning, implementation and controlling of flow of information is done from the starting point of consumption to reach the requirements of the customer and earn profits as well, it is known as logistics.

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What is the Inbound logistics and Outbound logistics?
What is logistics? Explain the functions of logistics.What is reverse logistics?
Why is logistics an imperative component in retailing?
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