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In: Economics

Distributors are export intermediaries who represent the company in the foreign market True False

Distributors are export intermediaries who represent the company in the foreign market

True False

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Expert Solution

Distributors are export intermediaries who represent the company in the foreign market = True

Explanation: The above statement is True. Distributors are export intermediaries who are hired by the company as a representative in the foreign market. Often, They act as the “face” of the company in that country and sell products, provide customer service, receive payments. Mostly these distributors take title to the goods and then resell them. Distributors are used by these companies as they know the local market well and can help the company enter that market in a cost-effective way.

Rahul Sunny answered 1 year ago
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