Which of the Following Factors Contribute Significantly to the Increased

question 25

Multiple Choice

Which of the following factors contribute significantly to the increased complexity and cost of global logistics as compared to domestic logistics?

• A)domestic intermediaries
• B)service
• C)purchasing
• D)exchange rate fluctuation
• E)materials handling

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Definitions:

Future Uncertainty

The inability to predict with complete confidence what is going to happen in the future, often a consideration in economic, financial, and strategic planning.

Keynesian Model

An economic theory proposing that active government intervention is necessary to manage economic cycles and stabilize output by adjusting demand through fiscal and monetary policies.

Money

An officially issued legal tender generally accepted in exchange for goods and services and repayment of debts.

Checking Account Balances

The amount of money currently available in one’s checking account, reflecting all deposits and withdrawals made.