Approximately Two-Thirds of 3PL Customers Think Their Providers Supply

question 23

Multiple Choice

Approximately two-thirds of 3PL customers think their providers supply:

• A) tactical or operational services.
• B) strategic or integrative services.
• C) trucking and warehouse services.
• D) a firm that can supply a competency that is not core to the firm.

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Definitions:

Check Collection Process

The procedure by which banks handle the transfer and clearing of checks from the payee's bank to the issuer's bank, ensuring payment.

Cashier Checks

A check issued by a bank, drawn on its own funds rather than that of a personal account. It is typically considered a secure form of payment.

Businesses Community

A group of companies and organizations operating within the same industry or geographic area, often sharing resources, information, and economic interests.

Cash

Money in the form of coins or banknotes, especially that used to pay for goods or services.