a firm sells its domestically produced goods in a foreign country through an intermediary,it is referred to as
A) direct exporting.
B) indirect exporting.
C) licensing.
D) contract manufacturing.
E) foreign assembly.

Question

Quizplus · Accepted Answer

Indirect exporting refers to the scenario where a firm sells its domestically produced goods in a foreign country through an intermediary or middleman, such as an export agent or a trading company. This intermediary takes care of the exporting process and distribution of goods, allowing the company to focus on its core competencies. Direct exporting involves the company selling its products directly to a foreign buyer or a distributor. Licensing involves granting permission to a foreign company to use the firm's intellectual property, such as patents or trademarks, in exchange for royalties or other payments. Contract manufacturing involves outsourcing production to a foreign company, while foreign assembly involves setting up a facility abroad to assemble products from imported components.

A Firm Sells Its Domestically Produced Goods in a Foreign