Liberty Production is a small company which produces flags and other patriotic-themed items such as banners.Historically,they have focused on the United States market but recently recognized they could enhance sales by creating patriotic items for other countries.They would like to keep their expenses low as the expand internationally and have reached an agreement with a company who will purchase the merchandise and resell the items to international customers.Liberty Production will not have any control over marketing or distribution activities but they appreciate the simplicity of this business model.Liberty Production is most likely utilizing a(n)________ to expand their global footprint.

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Quizplus · Accepted Answer

An export trading company (ETC) is a company that facilitates exports on behalf of their clients by handling the logistics and paperwork involved in international trade. In this scenario, Liberty Production has reached an agreement with a company that will purchase their merchandise and resell it to international customers. This suggests that Liberty Production is not directly involved in the marketing or distribution activities and is most likely utilizing an ETC to handle those functions. Additionally, Liberty Production wants to keep their expenses low, and an ETC can help achieve that by handling the logistics, documentation, and other aspects of the exporting process.

Liberty Production Is a Small Company Which Produces Flags and Other