VB Group, a South African firm, is a leading supplier of African agricultural products to the world. It buys products from the domestic producers and resells them in international markets. The company maintains complete control over the marketing and distribution of the products in the foreign markets. VB Group is an example of a(n) _____.

Question

Quizplus · Accepted Answer

VB Group acts as an export-trading company because it buys products from domestic producers and resells them in international markets, maintaining control over the marketing and distribution of these products abroad.

VB Group, a South African Firm, Is a Leading Supplier