Firms Commonly Employ ________ as a Third Party in International

question 82

Multiple Choice

Firms commonly employ ________ as a third party in international transactions.

• A) a reputable bank
• B) a stock exchange
• C) an export management company
• D) a customs broker

---

Definitions:

Utilization

The extent to which a resource, such as equipment, space, or labor, is being used effectively and efficiently.

Excess Capacity

The situation in which a company can produce more products or services than currently demanded by the market.

High Fixed Costs

A financial condition where a business or operation has a high proportion of expenses that do not vary with the volume of production or sales.

Low Variable Costs

Operating conditions where costs that vary with production levels, like materials and labor, are minimal.