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Efficient logistics can help an intl business compete

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How can an efficient logistics function help an international business compete more effectively in the global marketplace? Please provide an example.

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Solution Summary

The cited solution discusses several types of logistical problems that can occur including examples.

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If we can agree that the logistics of business operations include the acquisition, storage, transportation and delivery of goods along the supply chain, then we should be able to conclude that efficiency would reduce costs. A reduction in costs allows for more profits, or the company can reduce the selling prices of its ...

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