_____ occurs when a company produces a product outside of its final destination and ships it there for sale.

Question

Quizplus · Accepted Answer

Exporting refers to the act of producing a good in one country and sending it to another country for sale. This is different from importing, which refers to the act of bringing a product into a country for sale. Licensing and franchising are different methods of expanding a business's market reach, but they do not involve the physical production and shipment of goods to another country.

_____ Occurs When a Company Produces a Product Outside of Its