Mr Day and Ms

question 148

Multiple Choice

Mr. Day and Ms. Pound represent a number of producers and carry on exporting activities for each of them. As a result, Mr. Day and Ms. Pound's firm come under the administrative control of these producers. Mr. Day and Ms. Pound's firm could be described as

• A) a joint venture.
• B) agents.
• C) a cooperative organization.
• D) direct exporters.
• E) indirect exporters.

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Definitions:

Factory

A building or set of buildings where goods are manufactured or assembled chiefly by machines.

Customer

A rephrased definition: Refers to the recipient of goods, services, experiences, or values from a provider, essential to the economic ecosystem.

Omni-Channel Retail

A retail approach that provides customers with an integrated shopping experience by unifying user experiences from brick-and-mortar to mobile-browsing and everything in between.

Product Selection

The process of deciding which goods or services to offer for sale by assessing market demand, profitability, and supply chain capabilities.