IBT_Midterms (INCOMPLETE)

IBT_Midterms (INCOMPLETE)

University

•

40 Qs

quiz-placeholder

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IBT_Midterms (INCOMPLETE)

IBT_Midterms (INCOMPLETE)

Assessment

Quiz

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Business

•

University

•

Practice Problem

•

Hard

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40 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Direct importers of products and services that cover a relatively large region.

They purchase directly from an exporter and then resell the goods to their own dealer organization.

2.

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1 min • 1 pt

Does not purchase goods from exporters but accepts goods on consignment.

No sale is made from the export seller.

Only a physical transfer of inventory takes place, no title change.

3.

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1 min • 1 pt

the process of selling goods and services of a local company to companies or consumers in a different country.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

________ are very large companies that are basically international traders whose principal income sources are derived from import-export activities.

5.

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1 min • 1 pt

_______ is when two businesses come to an agreement to produce parts or goods over a specific period of time.

6.

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1 min • 1 pt

________ and _______ is the process of forming strategic alliance.

include the "and" in your answer

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

______ is when a business expands by acquiring a company similar to its industry and at the same point of the supply chain.

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