What are the two ways firms can be involved in exporting and importing?
A)Indirect or direct
B)Accidental or deliberate
C)Franchising or licensing
D)Fast or slow
E)Unintentional; purposeful

Question

Quizplus · Accepted Answer

Firms can be involved in exporting and importing through indirect methods, such as using intermediaries like export management companies or agents, or directly by establishing their own export/import departments or subsidiaries. Indirect methods may have lower risks and costs, but may also lead to less control and lower profits. Direct methods may require more resources and knowledge, but provide more flexibility and opportunities for growth.

What Are the Two Ways Firms Can Be Involved in Exporting