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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.
-If Ann's bank acts as an intermediary without accepting financial risk it is called ________.
Equivalent Value
A concept referring to the equality of value between two entities, often used in economics and exchange theories.
Hard Bargaining
A negotiation strategy involving firm stands on demands and little willingness to compromise.
Reciprocity
A principle of mutual exchange in social relations where benefits or services are returned in kind.
Consuming Goods
The act of using up or buying products and services to fulfill human needs or desires.
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