A Firm That Buys Products Made in Another Country for Distribution

question 177

Multiple Choice

A firm that buys products made in another country for distribution and sale in its own country is

• A) a multinational firm.
• B) a joint venture.
• C) an exporter.
• D) an international firm.
• E) an importer.

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Definitions:

Punishment

A consequence designed to reduce the occurrence of unwanted behavior by either applying a negative stimulus or removing a positive one.

Oral Reprimand

is a verbal expression of criticism or disapproval, usually from a person in authority.

Organizations

Entities comprising multiple people, such as businesses or charities, that work towards a common goal through structured coordination.

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it is exhibited, ensuring the behavior is learned quickly.