Definition of logistics and rationale

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Question 1. Provide a definition of logistics and a rationale for why is it important in private companies and public organizations?

Question 2. Explain the importance of logistics important on a macro level and the contributions of logistics to the economy.

Question 3. How does logistics add value in the economy? How does logistics add value for firms? What, if any are the differences? Detail the forms of utility.

Reference no: EM133231859

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