What could a Canadian manufacturer do to ensure a successful partnership with a foreign distributor?

Question

Quizplus · Accepted Answer

Creating contract safeguards is the best choice to ensure a successful partnership with a foreign distributor. This includes clear and detailed agreements that outline roles, responsibilities, and expectations for both parties, as well as legal protection in case of any disputes or breaches of contract. While using the same model in all countries or setting up a subsidiary may be options to consider, they may not always be feasible or necessary. Purchasing materials and labor from around the world may not necessarily contribute to a successful partnership, as it depends on the specific product and industry.

What Could a Canadian Manufacturer Do to Ensure a Successful