Josh Adams Runs a Large Cattle Farm in Texas

question 262

Multiple Choice

Josh Adams runs a large cattle farm in Texas.In order to take advantage of higher prices for beef in Europe,as compared to the United States,Josh has started selling cattle overseas by using an agent wholesaler who specializes in finding European customers for U.S.firms.He ships the cattle to Europe by water transport.Josh is engaged in

• A)exporting.
• B)management contracting.
• C)licensing.
• D)joint venturing.
• E)franchising.