The Forlan Group Is an Export Management Company (EMC)

question 121

Multiple Choice

The Forlan Group is an export management company (EMC) .It has found that potential clients are often confused as to what an EMC does.Which of the following is a function of an export management company such as The Forlan Group?

• A)It starts exporting operations for a firm with the understanding that the firm will take over operations after they are well established.
• B)It coordinates the Export Legal Assistance Network,a nationwide group of international trade attorneys.
• C)It oversees volunteers with international trade experience to provide one-on-one counseling to active and new-to-export businesses.
• D)It collects duties on exported products and sets interest rates for charging foreign investors.
• E)It gives novice exporters the names and addresses of potential distributors in foreign markets along with businesses they are in.

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Definitions:

Action Identification Theory

The theory that explains how people conceive of action—their own or others’—in ways that range from very concrete to very abstract.

Concrete Descriptions

Detailed and specific account of objects, events, or situations, often allowing for more tangible understanding and communication.

Abstract Descriptions

Expressions or explanations that do not refer to concrete objects or specific examples but instead to ideas or concepts.

Mental Process

Refers to the internal, covert activities of our minds, such as thinking, feeling, and remembering.