Multiple Choice
A medium-sized hardware manufacturer wants to become deeply involved in exporting, but it does not yet wish to actually manufacture any of its products overseas. The company wants to maintain control over its sales while gaining experience in foreign markets. Which option would be best for this company?
A) Licensing its products for sale in foreign countries
B) Selling its products outright to an export/import merchant
C) Establishing its own sales offices in foreign countries
D) Developing totally owned facilities in a foreign market
E) Hiring an export/import agent to assist with foreign sales
Correct Answer:

Verified
Correct Answer:
Verified
Q162: Sangeeta purchases a Turkish rug from a
Q163: A currency devaluation increases the cost of
Q164: What are nontariff barriers? How do nontariff
Q165: Which of the following represents the highest
Q166: When the United States levies a tax
Q168: The U.S. government created the _ as
Q169: When it built production lines in the
Q170: Jeff Rose is an executive with a
Q171: Several European countries have banded together to
Q172: Janet hires an export merchant to help