ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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One of the advantages of using agents for selling goods in foreign markets is that:
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the agent will not take a profit from the sale of goods
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the producer will have more direct contact with consumers
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the agent will have knowledge of local market conditions
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the producer will have complete control over product sales.
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Explanation:
Detailed explanation-1: -One of the biggest advantages of using an agent is that it’s their job to be available at the times most buyers need them, which is almost certain to be more often than you are. In fact, your limited availability could turn some buyers off, resulting in fewer prospective buyers attending your inspections.
Detailed explanation-2: -An international commercial agent works on behalf of an exporter, introducing their products or services to potential clients in an agreed territory (usually a country). The agent is paid a percentage of selling price as in accordance with the sale conditions and the agency agreement.
There is 1 question to complete.