Scenario: Wang's Techno Toys

question 181

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.
-Which of these is NOT an export/import financing method that Ann likely has at her disposal?

• A) Buyback
• B) Letter of credit
• C) Advance payment
• D) Documentary collection

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Definitions:

Workforce Inclusiveness

Efforts to create a workplace that welcomes, respects, and values diversity among employees.

Action Planning

The process of identifying specific steps or strategies to achieve goals or objectives.

Optimal Sequence

The most effective or efficient order in which a series of events, actions, or operations can be undertaken to achieve a desired outcome.

Accountable

Being responsible for one’s actions and being prepared to openly discuss and justify them to stakeholders.