Which Statement Is True Regarding an Export Management Company (EMC)

question 67

Multiple Choice

Which statement is true regarding an export management company (EMC) ?

• A) It acts as a middleman for firms with relatively large international sales volume.
• B) It operates under its own name while providing services to another firm.
• C) It does not have direct responsibility to the parent firm.
• D) It acts as a middleman for firms willing to involve their own personnel in international functions.
• E) It calls for smaller investment from the parent firm to get into international markets.

Learn how businesses and individuals hedge against foreign exchange risk.

Understand the implications of nonconvertible currencies on international trade and investment.

Understand the role and importance of case management in social work.

Identify key principles and components of case management.

---

Definitions:

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Cycle Inventory

The portion of inventory available to meet normal demand during a given period without restocking.

Increase Cost

The rise in expenses associated with the production, acquisition, or maintenance of goods and services.

Aggregating

The process of combining multiple items, data points, or aspects into a single group or category for the purposes of analysis or reporting.