Direct Exporting Refers to

question 92

Multiple Choice

Direct exporting refers to

• A)offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee.
• B)contracting with a foreign firm to manufacture products according to certain specifications.
• C)when a foreign country and a local firm invest together to create a local business.
• D)using additional parties when a firm sells its domestically produced goods in another country.
• E)when a firm sells its domestically produced goods in a foreign country without intermediaries.

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Definitions:

Discount Rate

Rate used to determine the value today of a dollar received in the future.

Capital Costs

The fixed, one-time expenses incurred on the purchase of land, buildings, construction, and equipment used in the production of goods or services.

Automated Warehouse

A facility where the movement of goods and storage operations are carried out by robotic systems and automated machinery, reducing the need for manual labor.

Computerized Order System

A digital platform used to manage and process orders for goods or services efficiently.