A Rapidly Growing Segment of the Distribution Industry in Which

question 85

True/False

A rapidly growing segment of the distribution industry in which a manufacturer or supplier turns over the entire function of the supply chain to an independent third party is known as contract logistics.

---

Definitions:

Foreign Exchange Rates

The value of one currency for the purpose of conversion to another currency.

Economic Conditions

The state of the economy at a given time, including variables such as inflation, unemployment, and economic growth.

Significant Influence

The power to participate in the financial and operating policy decisions of another company, but not control them.

Voting Stock

Shares that give the holder the right to vote on corporate matters, such as electing the board of directors and approving corporate policies.