GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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independent firms which act as export sales departments for non-competing manufacturers
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agreement where one company, the licensor, makes an asset available to another company, the licensee, in exchange for some form of compensation
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ability to compete and participate on the global market
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act of a student pursuing educational opportunities abroad
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set of achievements which make a person more appealing to a potential employer
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Detailed explanation-1: -Independent private company that acts like an export department for several non-competing manufacturers and suppliers.
Detailed explanation-2: -Export management company. A foreign or domestic company that acts as a sales agent and distributor for domestic exporters in international markets.
Detailed explanation-3: -Export trading companies are associated with the operations of the client, such as the process/logistics of moving and storing products. On the other hand, export management companies tend to handle more of the marketing duties.
Detailed explanation-4: -An export management company’s primary responsibility is to generate sales through established accounts and develop new distribution in an assigned territory.