Drop-Shippers

question 49

Multiple Choice

Drop-shippers:

• A) are used because it is cheaper for producers to ship to them by rail and let the drop-shipper drop the products off at local retailers with small trucks.
• B) never take title to the products they sell.
• C) typically sell large shipments, e.g., rail carloads.
• D) have very high operating expenses.
• E) are full-service merchant wholesalers.

Understand the role of strategic alliances in global business expansions.

Grasp the concept of high-context and low-context cultures and its impact on international business communication.

Recognize the significance of patience and commitment in the success of international business ventures.

Understand the evolving roles of stateless and global corporations within the political, economic, and social frameworks.

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Definitions:

Secondary-market Transaction

The buying and selling of previously issued securities, such as stocks and bonds, among investors without involving the issuing companies.

Block Transactions

Large-scale securities trades on stock markets, usually involving at least 10,000 shares or bonds.

NYSE

The New York Stock Exchange, one of the world's largest stock exchanges by market capitalization, located in New York City.

Stop-buy Order

A trading instruction used to purchase a security when it reaches a price above its current market price, typically to limit a loss on a short sale.