Why would a company choose to use an export merchant?

What will be an ideal response?

A company might use an export merchant because it lacks knowledge of local markets in a new foreign market or because it does not have the resources to develop relationships with foreign buyers and negotiate terms with them.

Business

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Explain the need, purpose, and creation of the most recently created federal cabinet-level department. How would you defend the creation of that department to someone who is critical of the size of the President's cabinet?

What will be an ideal response?

Business

The _____ is the person who will own or take responsibility for the risk

Fill in the blank(s) with correct word

Business