For Companies Seeking Entrance into the Complicated Japanese Distribution System

question 63

Multiple Choice

For companies seeking entrance into the complicated Japanese distribution system, _____ offer one of the easiest routes to success because they virtually control distribution through all levels of channels in Japan.

• A) trade representatives
• B) trading companies
• C) brokers
• D) export management companies
• E) complementary marketers

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Definitions:

Substitution Effect

The change in demand for a good or service caused by a change in its price, making consumers substitute it with another good or service.

Income Effect

The shift in income levels for either a person or the economy and its influence on the demand for specific goods or services.

Labor Supply

Refers to the total hours that workers are willing and able to work at a given wage rate.

Marginal Utility

The additional pleasure or advantage gained from consuming one further unit of a particular product or service.