Question

Hi Can you please answer this following question with Harvard referencing and no plagiarism and also reference list. Thanks you very much for answering in the best way.

Explain how an efficient logistics function can help an international business to compete more effectively in the global marketplace. (400 words – Maximum) subject ( international and global business)

Answer 1

Logistic efficiency means the effective way of business conducting is called logistic efficiency.One firm have how much better logistic unit that decide the productivity of a firm. The transportion of goods and services or final product or informations from production unit to customer location is called logistic.

The efficient logistic is a sympol of a efficient business. In the case of international business, logistic efficiency has major role . Efficient logistic help the growth of international business by differnet way. Primarily,if logistic is efficient, firm can easily distribute the product to the correct location by Air, ship or road. Efficient logistic unit can keep good customer and firm relation and they can supply perfect information among them which will expand the business and make sound relation . Sound relationship is vital part of the global business. More over efficient supply reduce the distance especially in the case of international businesd. Which provide good gaming among parties through the movement of correct information and which reduce the risk in the international business. So efficient logistic is the vital role in the growth of international business.