GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Export Indirect
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Export Direct
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Import Direct
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Import Indirect
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Detailed explanation-1: -What does indirect export mean? Indirect export means you appoint third parties, like agents or distributors, to represent your company and your products abroad.
Detailed explanation-2: -Meaning: When the export activity is directly carried out by the manufacturer of the goods, it is called as direct exporting. In indirect exporting the manufacturer hires the services of an export intermediary agency to export his goods through the intermediaries.
Detailed explanation-3: -Typically, indirect exporting involves a Canadian company that sells to another Canadian company that, in turn, incorporates those products or services into their own value chain for export.
Detailed explanation-4: -Indirect exporting is the cheapest entry strategy available to an organization. It is flexible, and exporting activities can cease immediately if required. Its greatest advantage is that the intermediary organizations handle all the exporting activities.