Final answer:
Physical distribution improvements stem from embracing technological advancements, refining transportation methods, and establishing resilient policies. Better distribution increases competition, expands markets, and lowers consumer prices. Both technological growth and globalization are reshaping firm size and market dynamics.
Step-by-step explanation:
Physical distribution decisions will continue to improve as firms leverage advancements in technology, transportation methods, and communication. By adopting new technologies and upgrading transportation vehicles, companies can ensure more efficient and rapid distribution of products. To withstand national emergencies, it's imperative to establish robust policies, enhancing supply chain resilience. Sharing innovative technologies with developing countries can accelerate market access to refined products.
It's crucial for corporations to revolutionize their labor policies and truly value their workforce, thereby integrating labor rights into the fabric of their distribution strategies. This integration is not just about international agreements but also about enforcing fair labor practices at the national level. Furthermore, the evolution of information and communications technology may influence the dynamics of firm size, impacting their market outreach and operational management for both small and large businesses.
Consumers will ultimately benefit from this increased productivity through a greater variety of goods available at reduced prices. Local markets now find themselves competing in a global arena due to improvements in transportation like container ships and air cargo, alongside revelatory changes in computing and telecommunications. The result is a more connected and competitive global marketplace that demands consistent innovation and improvement in physical distribution networks.