Corbin Coffee Plans to Initiate Activities in Foreign Markets Through

question 8

Multiple Choice

Corbin Coffee plans to initiate activities in foreign markets through indirect exporting.The firm is most likely to use ________.

• A)local managers to pay tariffs and duties
• B)external specialists to assist in the export process
• C)the International Trade Administration to monitor exports
• D)freight forwarders to act as distributors in foreign markets

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Definitions:

Active Listening

Active listening is a communication technique that involves giving full attention to the speaker, understanding their message, responding thoughtfully, and remembering the conversation later.

Global Mindset

The ability to understand, respect, and operate effectively across diverse cultures, markets, and global dynamics.

Think Locally

An approach or mindset that prioritizes understanding and addressing the needs, conditions, and characteristics of the local community or market.

Act Globally

A strategy or approach that involves thinking and acting with a worldwide perspective, recognizing and leveraging global opportunities and challenges.