________ Take Ownership of the Merchandise When It Enters Their

question 84

Multiple Choice

________ take ownership of the merchandise when it enters their country and accept all the risks associated with generating local sales.

• A) Agents
• B) Distributors
• C) Sales representatives
• D) Freight forwarders

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Definitions:

JIT

Just-In-Time; an inventory management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Quality

The degree to which a set of inherent characteristics of a product, service, or process fulfills requirements.

JIT

Just-In-Time, a management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Low Quality

A term indicating inferiority in performance, durability, or appearance of a product or service relative to expectations or standards.