Answer to Question 1
An export management company (EMC) is a firm that acts as its client's export department. Most are small operations that rely on the services of a handful of professionals. An EMC's staff typically is knowledgeable about the legal, financial, and logistical details of exporting and so frees the exporter from having to develop this expertise in-house. The EMC may also provide advice about consumer needs and available distribution channels in the foreign markets the exporter wants to penetrate EMCs can act as commission agents where they handle the details of shipping, clearing customs, and documentation in exchange for an agreed-upon fee, or they can take title to the goods and resell them at a higher price.
Answer to Question 2
A single-business strategy calls for a firm to rely on a single business, product, or service for all its revenue.
Sample Stress Management Program
Opioids for Pain Management
Strategic Management: Concepts and Cases
Financial Management: Core Concepts
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Financial Management 4th Edition (Cengage)