Drop Shipping

question 125

Multiple Choice

Drop shipping:

• A) is equivalent to cross-docking.
• B) is the opposite of a blanket order.
• C) means the supplier will ship directly to the end consumer, rather than to the seller.
• D) is the same thing as keiretsu.
• E) is a good reason to find a new firm to ship your products.

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Definitions:

Median Voter

A theory in political science that suggests the outcome of a majority vote is most likely to correspond to the preferences of the median voter when voters' preferences are placed along a single-dimensional spectrum.

Majority Rule

A decision-making principle whereby the option receiving more than half of the votes wins.

Preferred Outcome

The most favored or desired result in a decision-making process, often involving strategic considerations or personal preferences.

Unanimity Property

A principle requiring all parties involved to agree entirely on a decision, often used in decision-making processes to ensure consensus.