All of the Following Are Ways to Export a Product

question 74

Multiple Choice

All of the following are ways to export a product to a foreign market except

• A) using an export-import merchant.
• B) using an export-import agent.
• C) establishing a foreign sales office.
• D) establishing a foreign sales branch.
• E) establishing a U.S. sales office.

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Definitions:

Buyer-supplier Relationship

The dynamic interaction and commercial linkage between purchasers and providers of goods or services, focusing on contract fulfillment and trust-building.

Early Supply Involvement (ESI)

A procurement strategy where suppliers are involved in the product development process at an early stage to enhance innovation and reduce costs.

Relationship Management

Strategies and practices for maintaining and enhancing relationships with clients, customers, and other stakeholders.

Need Recognition

The first stage in the buying process, where the consumer identifies a need or problem that needs to be solved or fulfilled.