Multiple Choice
Liberty Production is a small company which produces flags and other patriotic-themed items such as banners.Historically,they have focused on the United States market but recently recognized they could enhance sales by creating patriotic items for other countries.They would like to keep their expenses low as the expand internationally and have reached an agreement with a company who will purchase the merchandise and resell the items to international customers.Liberty Production will not have any control over marketing or distribution activities but they appreciate the simplicity of this business model.Liberty Production is most likely utilizing a(n) ________ to expand their global footprint.
A) export trading company (ETC)
B) export-management company (EMC)
C) foreign licencing
D) subcontracting
Correct Answer:

Verified
Correct Answer:
Verified
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