Which of the Following Statements Is True Regarding an Export

question 13

Multiple Choice

Which of the following statements is true regarding an export management company (EMC) ?

• A) It acts as a middleman for firms with relatively large international sales volume.
• B) It operates under its own name while providing services to another firm.
• C) It does not have direct responsibility to the parent firm.
• D) It acts as a middleman for firms willing to involve their own personnel in international functions.
• E) It calls for a minimum investment from the parent firm to get into international markets.

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Definitions:

Multiple Regression Analysis

A method in statistics that employs multiple predictor variables to estimate the result of a dependent variable.

SSE

Sum of Squared Errors, a measure of the discrepancy between the data and an estimation model, indicating the total deviation of data points from the fitted values.

Estimated Income

An approximation of the amount of money expected to be earned over a specific period.

Yearly Income

The total amount of money earned or received over one year.