After Successfully Exporting Its Products Through Export Merchants, Boyes Inc

question 71

Multiple Choice

After successfully exporting its products through export merchants, Boyes Inc. decides to take control of its exports. It sets up its own unit in the home country that takes care of all export-related activities. Boyes Inc. is most likely using ________.

• A) foreign-based distributors or agents
• B) domestic-based export department
• C) export merchants in foreign countries
• D) export-management companies
• E) traveling export sales representatives

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Definitions:

Orders

Instructions to buy or sell securities or goods, often given to a broker or company.

Wages

Wages are the monetary compensation or payment received by workers for their labor or services, typically calculated on an hourly, daily, or piecework basis.

Taxes

Taxes are compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Marginal Costs

The expense associated with the production of an extra unit of output, emphasizing its impact on total production cost.