Higher Interest Rates

question 10

Multiple Choice

Higher interest rates:

• A) make it more expensive to borrow.
• B) make it less expensive to borrow.
• C) make it easier to get a loan.
• D) do not change the cost of getting a loan.

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Definitions:

Distribution Network

The interconnected group of storage facilities and transportation systems that move goods from manufacturers to consumers.

Manufacturer Storage

Facilities used by manufacturers to store raw materials, work-in-progress items, and finished goods before distribution.

In-Transit Merge

A logistics strategy that combines shipments from various suppliers while in transit to reduce costs and improve efficiency.

Drop-Shipping

A sales fulfillment approach in which a retailer does not stock the products offered for sale. Instead, the retailer orders the product from an external supplier as soon as a sale is made and has the item sent directly to the consumer.