As of 2016,about How Many Banks Were There in the United

question 111

Multiple Choice

As of 2016,about how many banks were there in the United States?

• A) 57
• B) 2,200
• C) 5,000
• D) 14,200

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Definitions:

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.

Direct Shipping

The process of delivering goods directly from the supplier or manufacturer to the customer or retailer, bypassing any intermediate storage facilities.