In Exporting,problems with Local Marketing Agents Can Be Overcome by

question 79

Multiple Choice

In exporting,problems with local marketing agents can be overcome by

• A)selling intangible property to a franchisee and insisting on rules to conduct the business.
• B)changing agents frequently.
• C)engaging in turnkey projects and exporting process technology to foreign firms.
• D)entering into cross-licensing agreements with foreign firms.
• E)setting up wholly owned subsidiaries in foreign nations to handle local marketing.

---

Definitions:

Cost Driver

Any activity or factor that can cause a change in the cost of a product or service, used in activity-based costing to allocate costs accurately.

Support Department

Departments that do not directly participate in the primary activities of a business but provide essential services or support to those that do.

Payroll Checks

Payroll checks are written by an employer to pay employees for services rendered during a specific time period.

Cost Driver

A cost driver is a factor that causes a change in the cost of an activity. It directly influences the cost of a process, product, or operation.