Final answer:
The four factors that affect the cost and importance of logistics are closeness to reliable suppliers, proximity to customers, quality of transportation, communications, and electrical power networks, and level of taxes.
Step-by-step explanation:
The four competitive-related factors that affect the cost and importance of logistics are:
- Closeness to reliable suppliers: Being close to reliable suppliers of the inputs needed for production can reduce transportation costs and ensure a steady supply of materials.
- Proximity to customers: Being close to customers can reduce transportation costs and enable faster delivery times, leading to improved customer satisfaction.
- Quality of transportation, communications, and electrical power networks: Having efficient and reliable transportation, communications, and electrical power networks can reduce logistics costs and increase operational efficiency.
- Level of taxes: The level of taxes imposed by local governments can affect logistics costs and the overall competitiveness of a location.