Direct Exporting Refers to

question 92

Multiple Choice

Direct exporting refers to

• A)offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee.
• B)contracting with a foreign firm to manufacture products according to certain specifications.
• C)when a foreign country and a local firm invest together to create a local business.
• D)using additional parties when a firm sells its domestically produced goods in another country.
• E)when a firm sells its domestically produced goods in a foreign country without intermediaries.

---

Definitions:

Customer Service

A support that companies provide to their customers before, during, and after purchasing and using goods or services, aimed at enhancing customer satisfaction.

Transactional Functions

Essential activities involved in the buying, selling, or exchanging of goods and services, including tasks such as order processing, billing, and payment handling.

Marketing Channel

A set of practices or activities necessary to transfer the ownership of goods from the point of production to the point of consumption.

Risk Taking

The act of engaging in a behavior or decision that has the potential for a negative outcome, in the hope of achieving a positive result.