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Soloha48 [4]
4 years ago
9

The foreign market entry mode in which the manufacturer utilizes a local third party for the export transaction is known as:

Business
1 answer:
m_a_m_a [10]4 years ago
4 0

Answer:

The correct answer is letter "D": indirect exporting.

Explanation:

Indirect exporting is the business strategy by which companies handle their products to an intermediary so the intermediary is in charge of exporting the goods to end-consumers or retailers. While this practice allows firms to concentrate on domestic operations only it could represent a disadvantage since their companies' operations remain narrowed which could represent a lost chance to increase profits.

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Which of the following systems would work best for a very standardized product that has a fairly high and predictable demand? a.
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The answer is b. make-to-stock system

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Make-to-stock system  is a build-ahead production approach in which production plans may be based upon sales forecasts and/or historical demand. It is a traditional production strategy that is used by businesses to match the inventory with anticipated consumer demand.

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A partnership agreement:
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A partnership agreement is binding even if it is not in writing

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A partnership is a relationship that exist between two or more people (Usually two to twenty people) to pool their resources and capital together and establish a business enterprise with the aim of making profit.

A partnership agreement can be written on unwritten. Even when unwritten,  a partnership agreement is binding and is enforceable in the law court.

A written partnership agreement is called a partnership deed. partners are usually encouraged to have a partnership deed that clarifies the respective positions and duties of each partners.    

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<h3>What is the marketing concept?</h3>
  • The marketing notion is the belief that businesses should assess the demands of their clients before making choices that will best meet those needs.

<h3>What is a market concept?</h3>
  • The "correct" principle is the foundation of the marketing concept.
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Learn more about  marketing process here:

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