Exporting Only After Receiving Unsolicited Foreign Inquiries Is Best Described

question 9

Short Answer

Exporting only after receiving unsolicited foreign inquiries is best described as:
a. Direct exporting.
b. Indirect exporting.
c. Passive or sporadic exporting.
d. Inactive exporting.
e. None of the above.

Acknowledge the importance of quality of work life and employee satisfaction in achieving high performance outcomes.

Grasp the concept of total quality management and its impact on organizational performance.

Understand the need for managers to support team efforts and the practical implications of an upside-down pyramid structure in organizations.

Recognize the variety of management functions and the importance of adapting management approaches to changing work environments.

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Definitions:

Increased Profits

A rise in the amount of net earnings gained from business operations after all costs have been subtracted.

Indirect Exporting

A form of exporting where a company sells its products to a third party, such as an export intermediary, who then sells the products in foreign markets.

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, or artistic fields.

Royalty

A payment made to an owner of certain types of rights, such as patents, copyrights, or natural resources, for the right to use those rights.