Which of the Following Stands at the Center of International

question 133

Multiple Choice

Which of the following stands at the center of international commercial transactions?

• A)Bill of lading
• B)Time draft
• C)Letter of credit
• D)Sight draft

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Definitions:

Telecommuting

The practice of working from a remote location, outside of the traditional office environment, often facilitated by digital communication technologies.

Social Isolation

A state in which an individual lacks a sense of belonging socially, lacks engagement with others, and has a minimal number of social contacts, often resulting in feelings of loneliness.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Scientific Management

A theory of management focusing on improving economic efficiency, especially labor productivity, through the application of scientific methods to jobs and workers.