Solar Sports is excited about expanding its export opportunities to Cuba, since the United States has renewed trade relations with Cuba, and plans to utilize a(n) _______, which links buyers and sellers in different countries but is not involved in manufacturing and does not own assets related to manufacturing.

Question

Quizplus · Accepted Answer

A trading company is the best choice in this scenario as it is a company that connects buyers and sellers in different countries, enabling Solar Sports to export their products to Cuba without having to invest in manufacturing assets in Cuba. This option allows for a quick and efficient expansion into the new market. The other options, such as contract manufacturing (B), licensing (C), or outsourcing (D), do involve manufacturing assets and may not be as suitable for Solar Sports' export expansion plans in Cuba.

Solar Sports Is Excited About Expanding Its Export Opportunities to Cuba