Which of the Following Degrees of Involvement Would Probably Be

question 20

Multiple Choice

Which of the following degrees of involvement would probably be in use when Export Management Companies, Export Trading Companies, or direct exporting are being used by the firm?

• A)limited foreign involvement and visibility
• B)local management and sales force
• C)expatriate management and local sales force (mixed)
• D)heavy to complete expatriate sales force
• E)maximum global control and worldwide ownership

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Definitions:

World Court

The International Court of Justice (ICJ), the principal judicial organ of the United Nations, responsible for settling legal disputes between states and giving advisory opinions on international legal issues.

United Nations

An international organization founded in 1945 dedicated to maintaining international peace and security, developing friendly relations among nations, and promoting social progress.

Letter of Credit

A financial document issued by a bank guaranteeing the payment of a buyer's obligations to a seller within a specific time frame and under certain conditions.

Buyer's Bank

Buyer's bank refers to the financial institution that represents the purchaser in a transaction, often involved in issuing or confirming payment instruments like letters of credit.