A Company Not Involved in Manufacturing That Brings Together Buyers

question 32

Multiple Choice

A company not involved in manufacturing that brings together buyers and sellers in different countries is usually referred to as a

• A) franchise.
• B) contract manufacturer.
• C) strategic intermediary.
• D) trading company.
• E) joint venture.

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Definitions:

Rational Behavior

Making decisions based on logical reasoning, often aimed at achieving the most beneficial outcome while minimizing losses.

Socialization

The social process through which individuals acquire the values, behaviors, and norms of a society and learn to function as members of that society.

Communication

The process of conveying information or expressing thoughts and feelings through verbal or non-verbal means.

Impression Management

is a process in which individuals attempt to influence the perceptions of others about a person, an object, or an event by regulating and controlling information in social interactions.