Using Third-Party Logistics Involves Using Your Organization's Logistics Function to Ship

question 81

True/False

Using third-party logistics involves using your organization's logistics function to ship to customers that are not officially part of the supply chain.

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Definitions:

Free Trade Agreements

Bilateral or multilateral agreements between countries that reduce or eliminate barriers to trade, such as tariffs and import quotas, fostering increased trade and economic integration.

International Trade

The exchange of goods, services, and capital across international borders or territories, crucial for global economic integration and development.

Internationalization

The process of designing products, services and business activities to accommodate or operate within different countries and cultures.

International Trade Union Confederation

A global organization that aims to promote the interests of workers and improve working conditions through international cooperation among trade unions.