Final answer:
Penske is an example of a company that offers outsourcing solutions for distribution and logistics services. Outsourcing distribution work to a specialized company like Penske can improve efficiency and reduce costs for businesses.
Step-by-step explanation:
An example of how firms outsource their distribution work can be seen in the case of Penske, a transportation services company. Penske offers a variety of outsourcing solutions to businesses, including distribution and logistics services. Instead of companies managing their own distribution operations, they can outsource it to Penske, who has the expertise and resources to handle the task efficiently.
For example, a company may choose to outsource its distribution work to Penske if it wants to focus on core business activities and reduce costs. Penske would handle tasks such as warehousing, inventory management, and transportation, allowing the company to save time and money.
By outsourcing distribution work to a specialized company like Penske, businesses can benefit from the company's expertise, economies of scale, and efficient processes, leading to improved efficiency and cost savings.