The Logistics Performance Index (LPI)___________

question 32

Multiple Choice

The Logistics Performance Index (LPI) ___________.

• A)was created in recognition of the importance of logistics in international trade
• B)measures a company's logistics cost as a percentage of its total cost
• C)compares inventory turnover for major retailers
• D)applies the Balanced Scorecard approach to international logistics activities

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Definitions:

Door-In-The-Face

A technique in persuasion that involves making a large request that is likely to be refused in order to increase the chances that a person will agree to a smaller request later.

Lowballing

A strategy where an initially favorable offer is made, only to have the terms made less favorable after acceptance.

Obedience

When a person follows the orders of a person in authority.

Conformity

The altering of your own behaviors and opinions to match those of other people or to match other people’s expectations.