Apex Corporation Is a Wholesaler for Global Electronics in the French

question 61

Multiple Choice

Apex Corporation is a wholesaler for Global Electronics in the French market. Global Electronics discovered that Apex Corp. was diverting some of their goods to the English market. Apex Corp. could get a greater profit in the English market because the goods were bought by the firm at a cheaper price in France. In the context of the above scenario, which of the following forms of business is Apex engaged in?

• A) Black marketing.
• B) Parallel importing.
• C) Backwashing.
• D) Industrial piracy.
• E) Smuggling.

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Definitions:

Job Control Unionism

A labor union strategy focusing on controlling work practices, job allocations, and other aspects of employment to protect members' interests.

Scientific Management

A management theory that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Detrimental

Refers to something that causes damage, harm, or a negative effect.

Managerial Control

The authority and processes through which managers direct and organize resources, activities, and people to achieve organizational goals.