What does the concept of integrated logistics management advocate?

What will be an ideal response?

This concept recognizes that providing better customer service and trimming distribution costs require teamwork, both inside the company and among all the marketing channel organizations. Inside, the company's various departments must work closely together to maximize its own logistics performance. Outside, the company must integrate its logistics system with those of its suppliers and customers to maximize the performance of the entire distribution network.

Business

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Which of the following will result in less effective proofreading?

A) Reading through the document quickly, several times B) Blocking out distractions and read small amounts of material at a time C) Allowing time to pass between finishing the writing of the document and proofreading the document D) Double checking names, titles, dates, and numbers E) Reading aloud

Business

A(n) ________ is guaranteed by both the exporter's bank in the country of export and the importer's bank in the country of import

A) confirmed letter of credit B) transferrable letter of credit C) revocable letter of credit D) irrevocable letter of credit

Business