A Relatively Easy Way of Getting into International Marketing Is

question 128

Multiple Choice

A relatively easy way of getting into international marketing is through ________ who act as distributors in foreign countries for domestic companies of all sizes.

• A)foreign licensees
• B)international franchises
• C)joint ventures
• D)export trading companies

---

Definitions:

Cash Cycle

The amount of time it takes for a company to convert its investments in inventory back into cash through sales.

Inventory Turnover Rate

A metric that shows how many times a company's inventory is sold and replaced over a certain period of time.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.

Sales

The process where goods or services are traded for money, which constitutes the main revenue stream for the majority of companies.