In Conducting ________, a Business Sells Goods Directly to or Through

question 35

Multiple Choice

In conducting ________, a business sells goods directly to or through an independent domestic intermediary in the exporter's home country that exports the products to foreign markets.

• A)direct exporting
• B)global marketing
• C)strategic planning
• D)indirect exporting

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Definitions:

External Decision Makers

Individuals or entities outside of a company that use its financial information to make decisions, such as investors and creditors.

International Financial Reporting Standards (IFRS)

A set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but retained by the company for reinvestment.