A(n) ________ is a third party who may help unions and management settle grievances

A manufacturer's or supplier's use of an independent third party to manage an entire function of the logistics system, such as transportation, warehousing, or order processing, is called:

a. outsourcing. b. mediation. c. intermediary distribution. d. benchmarking.

The Missouri River Pendant Company uses commercial paper to satisfy part of its short-term

financing requirements. Next week, it intends to sell $18 million in 90-day maturity paper on which it expects to have to pay discounted interest at an annual rate of 7 percent per annum. In addition, Stoney River expects to incur a cost of approximately $25,000 in dealer placement fees and other expenses of issuing the paper. What is the effective annual cost of credit to Missouri River? A) 7.3% B) 7.1% C) 7.5% D) 7.7%