Author Question: Define the difference between an Export Management Company and an Export Trading Company. Explain ... (Read 79 times)

Marty · **on:** Jun 28, 2018

Define the difference between an Export Management Company and an Export Trading Company. Explain why a firm would want to use either.

Question 2

The comparative fix index (CFI) provides an index showing the fit of a model relative to a null model.

Indicate whether the statement is true or false

juwms · **Reply #1 on:** Jun 28, 2018

Answer to Question 1

Often, a firm wishes to sell its products in a foreign market but lacks the resources to conduct the foreign business itself. An export management company (EMC) can supply the expertise such firms need to operate in foreign environments. EMCs act as agents for domestic firms in the international arena. Their primary function is to obtain orders for their clients' products by selecting appropriate markets, distribution channels, and promotional campaigns.
An export trading company (ETC) exports goods and services. The ETC locates overseas buyers and handles most of the export arrangements, including documentation, inland and overseas transportation, and the meeting of foreign government requirements. The ETC may or may not take title to the goods.

Answer to Question 2

T