128k views
5 votes
When a firm is coordinating the flow of all goods, services and information among channel members, and throughout the channel, it is referred to as?

User Ahlam
by
5.4k points

1 Answer

7 votes
What is being referred to the description above is the term LOGISTICS. Logistics in business, is how the flow of all goods, services and information are being managed throughout the channel efficiently and effectively. This covers the planning, implementing and controlling of the flow.