Which of the Following Is an Advantage of Using an Export

question 65

Multiple Choice

Which of the following is an advantage of using an export agent?

• A)The firm does not have to deal with a middleman.
• B)The firm is not responsible for the procurement and storage of raw materials.
• C)The firm does not have to deal with the red tape of international business.
• D)The firm does not need to worry about product pricing.
• E)The firm does not need to invest in research and development.

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Definitions:

Mean

The arithmetic average of a set of numbers, obtained by adding them together and dividing by the count of those numbers.

Correlation Coefficients

Statistical measures that describe the strength and direction of the relationship between two variables.

Relationship

refers to a connection, association, or involvement between two or more individuals, groups, or entities.

Scatterplot

A graphical representation used to display values for two variables for a set of data, showing how much one variable is affected by another.