Intermediaries That Represent a Single Producer and Are Responsible for the Entire

question 26

Multiple Choice

Intermediaries that represent a single producer and are responsible for the entire marketing function of that producer are referred to as

• A) brokers.
• B) line brokers.
• C) selling agents.
• D) distribution brokers.
• E) manufacturers' agents.

---

Definitions:

Expatriate Manager

A manager who is working in a country other than their own, often sent by their employer to manage an overseas office.

Agency Problems

Agency problems occur when there’s a conflict of interest between the principals (such as shareholders) and agents (such as company executives), leading to potential inefficiency or misuse of resources.

Specialized Knowledge

Expertise or skills in a specific field or subject area, typically acquired through education or experience.

Host-Country Nationals

Employees who are citizens of the country in which a multinational corporation's subsidiary operates, working in their own country for that subsidiary.