As an Exporter, Horizon Trading Wants to Be Paid Before

question 74

Multiple Choice

As an exporter, Horizon Trading wants to be paid before a consignment is shipped. Correspondingly, its importer in Italy, Friggo Imports, wants to pay only upon receipt of the consignment. These conflicting preferences of Horizon Trading and Friggo Imports are most likely a manifestation of

• A) corporate greed.
• B) acculturation.
• C) lack of trust.
• D) cultural insensitivity.
• E) countertrading opportunities.

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Definitions:

Maximum Profit

The highest achievable profit under given market conditions, considering all costs and revenue.

Shareholders

Individuals or entities that own shares in a corporation, thereby holding a portion of the ownership.

Resist Unethically

The act of opposing or defying through morally questionable means or for unethical purposes.

Lose the Job

Losing the job refers to the involuntary termination of an individual's employment, commonly due to layoffs, company downsizing, or dismissal.