Describe two ways in which the reduction in economic regulation has contributed to the increased importance of logistics

Marketing Jan 11, 2021

Describe two ways in which the reduction in economic regulation has contributed to the increased importance of logistics.

Expert Solution

1)Reduction in economic regulation has increased the number of market segments, providing flexibility to specialize in a specific segment to efficiently meet its customer requirements.

2)It has helped in advancement of technology which allows logistics department to make accurate and better decisions.

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