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Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Anaconda Plan. The Anaconda Plan was a strategy outlined by the Union Army for suppressing the Confederacy at the beginning of the American Civil War. [1] Proposed by Union General-in-Chief Winfield Scott, the plan emphasized a Union blockade of the Southern ports and called for an advance down the Mississippi River to cut the South in two.
Crowdshipping "can be grouped into four types depending on the nature of the logistics service they propose: crowd storage, crowd local delivery, crowd freight shipping, and crowd freight forwarding". Crowd storage. Crowd resources are mobilized through a web search engine that enables clients to geolocate storage spaces uploaded by the crowd ...
Drop shipping. Drop shipping is a form of retail business in which the seller accepts customer orders without keeping stock on hand. Instead, in a form of supply chain management, the seller transfers the orders and their shipment details either to the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the ...
Geographical pricing. Average gasoline prices by country. Geographical pricing, in marketing, is the practice of modifying a basic list price based on the geographical location of the buyer. It is intended to reflect the costs of shipping to different locations. There are several ways to apply the cost of shipping to the prices.
Vendor-managed inventory ( VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor. Under VMI, the retailer shares their inventory data with a vendor (sometimes called supplier) such that the vendor is the decision-maker who determines the ...
Social media. Social media are interactive technologies that facilitate the creation, sharing and aggregation of content, ideas, interests, and other forms of expression through virtual communities and networks. [1] [2] Common features include: [2] Online platforms that enable users to create and share content and participate in social networking.
Maritime security is an umbrella term informed to classify issues in the maritime domain that are often related to national security, marine environment, economic development, and human security. [1] [2] This includes the world's oceans but also regional seas, territorial waters, rivers and ports, where seas act as a “ stage for geopolitical ...