A Large Manufacturer Wanting to Be More Competitive in the Global

question 126

Multiple Choice

A large manufacturer wanting to be more competitive in the global market place decided to outsource its transportation and return processing to other companies on a contractual basis. The companies providing the services would be referred to as:

• A) fourth party logistics providers.
• B) third party logistics providers.
• C) retail services providers.
• D) distribution services providers.

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Definitions:

Treaty of Paris

A historic agreement that ended the American Revolutionary War in 1783, acknowledging the United States of America as an independent nation.

Territories Acquired

Refers to regions or lands gained by a country either through purchase, conquest, or treaty, adding to the nation's domain.

Wake Island

A strategic atoll in the Pacific Ocean used as a military base and refueling stop, notable for its role in World War II and subsequent American military history.

Theodore Roosevelt

The 26th President of the United States known for his progressive policies, conservation efforts, and the "Square Deal."