Which of the following statements is important to companies in order for them to gain contracts with foreign distributors?

Question

Quizplus · Accepted Answer

It is important for companies to convince foreign distributors that their product and company are viable in order to gain contracts with them. This involves showing the distributors the benefits of carrying their product and why partnering with their company would be a profitable choice. Offering high margins may be attractive to distributors, but it is not the only factor that they consider when choosing which products to carry. Determining the distribution gap and establishing in-house distribution are also important steps, but they should be done before signing a contract and may not necessarily influence the distributor's decision to partner with the company.

Which of the Following Statements Is Important to Companies in Order