Business Customs Can Be Grouped Into

question 30

Multiple Choice

Business customs can be grouped into:

• A) rigid, flexible, and negotiables.
• B) internals, externals, and consensual customs.
• C) imperatives, electives, and exclusives.
• D) national, foreign, and international.
• E) unilateral, bilateral, and multilateral.

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Definitions:

Poor Credit Rating

A low assessment of an individual's or entity's creditworthiness, indicating a high risk to lenders or creditors.

Reasoning for Bad News

The process of explaining and providing justification for decisions or notifications that are unfavorable or disappointing.

Company Policies

Set guidelines and rules that dictate the internal operations, culture, and acceptable behaviors within a company.

Returning to Stock

The process of reintegrating unsold or returned products back into a company's inventory or supply chain.