Scenario: Wang's Techno Toys
Ann Wang has been successfully running Wang's Techno Toys that sells high-tech toys in the domestic market. Continually increasing and stiff competition at home has now forced Wang's Techno Toys to enter international markets through direct exports.
-Which of the following occurs when a company sells its products to buyers in a target market without going through intermediary companies?
A) direct export
B) indirect export
C) contract manufacturing
D) licensing
Correct Answer:
Verified
Q34: Countertrade provides a way for firms to
Q35: Typically,indirect exporting relies on local sales representatives
Q36: Explain why companies consider exporting.Describe the four-step
Q37: Countertrade is not an option for smaller
Q38: The most common method used for buying
Q40: Most large companies use exporting to increase
Q41: A _ extends credit to the importer
Q42: Export/import financing in which a bank acts
Q43: Advance payment is commonly used for export/import
Q44: Companies involved in direct exporting typically rely
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