_____ Occurs When a Company Contracts with a Third Party

question 39

Multiple Choice

_____ occurs when a company contracts with a third party to do some work on its behalf.

• A)Exporting
• B)Importing
• C)Joint venture
• D)Outsourcing
• E)Insourcing

Recognize the significance of external factors on the marketing environment.

Define consumer bias and its effect on international marketing.

Recognize the influence of economic fluctuations on consumer behavior.

Understand the principles of product liability law.

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Definitions:

Lamellated Corpuscle

A type of sensory receptor found in the skin and mucous membranes that detects pressure and vibration.

20/100 Vision

A measure of visual acuity that indicates a person sees at 20 feet what a person with normal vision can see at 100 feet.

Feet

The lower extremity of the leg below the ankle, on which a person stands or walks.

Proprioceptors

Sensory receptors found in muscles, tendons, and joints, providing a sense of body position and movement.