When discussing distribution channels and logistics$,$ what does the term physical distribution $($or marketing logistics$)$ mean?

Group of answer choices

The use of more than one, but fewer than all, of the intermediaries who are willing to carry the company's products.

The elimination of a layer of intermediaries from a marketing channel or the displacement of traditional resellers by radically new types of intermediaries.

The tasks involved in planning, implementing, and controlling the physical flow of materials, final goods, and related information from points of origin to points of consumption to meet customer requirements at a profit.

A channel arrangement in which two or more companies at one level join together to follow a new marketing opportunity.