Scenario: Wang's Techno Toys

question 80

Multiple Choice

Scenario: Wang's Techno Toys
Ann Wang has been successful in the domestic market selling high-tech toy products. But facing stiff competition at home, Ann has entered international markets by direct exporting.
-In some countries, Ann found it is better to exchange goods and services directly for her Techno Toys without the use of money, a practice known as ________.

• A) offset
• B) counterpurchase
• C) switch trading
• D) barter

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Definitions:

Ensure Freshness

Measures or practices used to maintain the quality and safety of perishable products.

Refrigerator

An electrical appliance used for keeping food and drinks cold, playing a crucial role in modern food preservation and safety.

Double Marginalization

A situation in a supply chain where both the manufacturer and retailer mark up prices above their marginal costs, leading to inefficiencies.

Retail Price

The total cost at which a product or service is sold to the end consumer.