An Order Bill of Lading Is Used ___________

question 53

Multiple Choice

An order bill of lading is used ___________.

• A)for overseas shipments
• B)when a shipment must be expedited
• C)when a shipment is started before the buyer is known
• D)to guard against disruptions in transit

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Definitions:

Shipments

The process of transporting goods from one location to another.

Bullwhip Effect

The phenomenon in supply chain management where small fluctuations in demand at the retail level cause increasingly larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.

Vertical Integration

Strategy of integrating the upstream part of the supply chain with the internal part, typically by purchasing upstream suppliers, so as to ensure timely availability of supplies.

Orders

Instructions or requests for someone to do something or for products, often in the context of business or military.