Question: 1. Logistics can play an important role in a nation's economic growth and development, discusses this statement and provide an example to support your argument.

1. Logistics can play an important role in a nation's economic growth and development, discusses this statement and provide an example to support your argument.

2. Define logistics and what does it means to have an effective and efficient logistic system.

3. How contemporary information technology facilitates an understanding of customer wants and needs and give an example if applicable.

4. Distinguish between possession, form, time, and place utility?

5. How does logistics contribute to time and place utility?

6. How can a particular logistics system be effective but not efficient? 7. What are some ways in which technology has impacted logistics management?

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Logistics indeed plays a crucial role in a nations economic growth and development It involves the management of the flow of goods services and information from the point of origin to the point of con... View full answer

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