Josh Adams Runs a Large Cattle Farm in Texas

question 102

Multiple Choice

Josh Adams runs a large cattle farm in Texas. In order to take advantage of higher prices for beef in Europe compared to the United States, he has started selling cattle overseas by using an agent wholesaler who specializes in finding European customers for U. S. firms. He ships the cattle to Europe by water transport. Josh is involved in:

• A) Exporting.
• B) Management contracting.
• C) Licensing.
• D) Joint venturing.
• E) None of the above.

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Definitions:

Board Of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

CEO

The Chief Executive Officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Earnings Benchmarks

Specific targets or metrics used to measure a company's financial performance or profitability over a set period.

Wall Street

The financial district of New York City, known as a major global finance hub and often used as a metonym for the financial markets of the United States.