What is marketing logistics? What are the components of marketing logistics?
What will be an ideal response?
Marketing logistics — also called physical distribution — involves planning, implementing, and controlling the physical flow of goods, services, and related information from points of origin to points of consumption, to meet customer requirements at a profit. Marketing logistics involves (a) outbound logistics, which is moving products from the factory to resellers and ultimately to customers, (b) inbound logistics, which is moving products and materials from suppliers to the factory, and (c) reverse logistics, which is reusing, recycling, refurbishing, or disposing of broken, unwanted, or excess products returned by consumers or resellers.
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________ laws are federal and state statutes and regulations that promote product safety and prohibit abusive, unfair, and deceptive business practices
A) Profit-à-prendre B) Canon C) Consumer protection D) Caveat emptor
A court will grant specific performance as a remedy only when the legal remedy is adequate.
Answer the following statement true (T) or false (F)
Lafayette, Inc was incorporated on January 1, 2014
Lafayette issued 15,000 shares of common stock and 800 shares of preferred stock on that date. The preferred stock is cumulative, $100 par, with an 12% dividend rate. Lafayette has not paid any dividends yet. In 2017, Lafayette had its first profitable year, and on November 1, 2017, Lafayette declared a total dividend of $44,000. What is the total amount that will be paid to common stockholders? A) $9,600 B) $38,400 C) $5,600 D) $44,000
A(n) ____________________ is made up of two or more people who interact with each other, share expectations and obligations, and develop a common identity.
Fill in the blank(s) with the appropriate word(s).