Which of the following is true of logistics?
A) Companies can gain a powerful competitive advantage by using improved logistics to enhance customer service or lower prices.
B) The cost savings to a company and its customers due to improved logistics is typically nominal.
C) Less than 5 percent of an average product's price is accounted for by shipping and transport.
D) The cost of logistics is considerably less than advertising.
E) Shaving off a small fraction of logistics costs has very little impact on savings.

Question

Quizplus · Accepted Answer

Logistics can be a source of competitive advantage through improved customer service or cost savings.

Answer: E
 Logistics costs can add up quickly, and even small reductions can have a significant impact on savings.

Which of the Following Is True of Logistics