_____________ Represent the Exporting Firm in Foreign Markets

question 64

Multiple Choice

_____________ represent the exporting firm in foreign markets.They are the face of the company through servicing customers, selling products, and taking payment.They often take title to goods and resell them.

• A) Brokers
• B) Export agents
• C) Distributors
• D) Direct sales force
• E) Freight forwarders

Acknowledge the challenges and strategies related to global brand name management.

Understand the distinction between trade deficit and trade surplus and their implications on international business.

Describe the process of exchange control and its impact on global business activities.

Know the global product strategies for firms looking to expand internationally.

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Definitions:

Phonetic-fluency Approach

A method in language learning focusing on the ability to recognize and produce the sounds of a language accurately.

Basal Ganglia

Clusters of nuclei in the brain involved in coordinating movement as well as aspects of cognition and emotion.

Visual Cortex

The region of the brain responsible for processing visual information, located in the occipital lobe.

Critical Thinking

The goal of critically examining and assessing a problem to reach a conclusion.