Which of the Following Represent the Demand Side of International

question 80

Multiple Choice

Which of the following represent the demand side of international business transactions?

• A) focal firms
• B) facilitators
• C) intermediaries
• D) retailers

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Definitions:

Express Authority

The power granted to an agent or representative by clear and explicit instructions from the principal.

Conflict of Interest

A situation in which a person's personal interests could potentially influence their professional duties or decisions.

Double Role

When an individual or entity assumes two separate and distinct positions or functions simultaneously, potentially leading to conflicts of interest or the need for balanced management.

Self-dealing Transactions

Occurs when a fiduciary acts in their own best interest in a transaction, rather than in the best interest of their clients or beneficiaries, potentially leading to conflict of interest.