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Author Question: A/An _____ is issued by the purchaser's bank in conjunction with an affiliate bank in the seller's ... (Read 47 times)

Redwolflake15

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on: Jun 29, 2018
A/An _____ is issued by the purchaser's bank in conjunction with an affiliate bank in the seller's country which assures the seller that the funds are in the bank.
 a. bill of lading
 b. letter of credit
 c. Incoterm
 d. hedging contract
  e. tariff

Question 2

In order to get retailers to display its product, a manufacturer has to have its salespeople go to the retailers' stores, set up the displays, and instruct them in how to utilize the displays. In this example:
 a. Conflict is obviously not present.
  b. Channel efficiency is apparently quite high.
  c. Extra input is needed to achieve the distribution objective.
  d. Trade margins appear to be too low.
  e. The manufacturer is unable to achieve channel efficiency.


Toya9913

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Reply #1 on: Jun 29, 2018
Answer to Question 1

b

Answer to Question 2

C


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