Experienced Exporters Suggest That the Only Way to Select a Middleman

question 12

Multiple Choice

Experienced exporters suggest that the only way to select a middleman is:

• A) to conduct a background check on all the distributors available in the target market.
• B) to issue a request-for-proposal to all distributors in the target market and evaluate their responses.
• C) consult other manufacturers of the similar products and select the distributor recommended by them.
• D) consult trade organizations and select the distributor recommended by them.
• E) to personally talk to ultimate consumers to find whom they consider to be the best distributors.

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Definitions:

Active Approach

A proactive strategy in management or policy-making that involves taking deliberate actions to achieve specific goals.

Aggregate Supply

The sum total of products and services that corporations in an economic system plan to offer for sale during a given time frame.

Recessionary Gap

A situation where an economy's real GDP is lower than its potential GDP, leading to unemployment and underutilized resources.

Self-correcting Economy

An economy that possesses mechanisms to automatically adjust itself to balance out recessions or inflations without external intervention.