How can supply-chain management increase efficiency and customer satisfaction?Discuss.

Learning Outcomes

1. What is the nature and function of distribution (place)?

2. What is wholesaling, and what are the types of wholesalers?

3. What are the different kinds of retail operations?

4. How can supply-chain management increase efficiency and customer satisfaction?

5. What is promotion, and what are the key elements of a promotional mix?

6. How are advertising media selected?

7. What is personal selling?

8. What are the goals of a sales promotion, and what are several types of sales promotion?

9. How does public relations fit into the promotional mix?

10. What is social media, and how has it changed promotion?

11. What is e-commerce, and how does it affect promotion?