Which of the following is typically true of an export management company?
A)It is usually a division of a manufacturing company.
B)Most EMCs in the United States are large, representing a wide range of products and large number of companies.
C)It operates on a contractual basis for a manufacturer by helping obtain orders for its clients' products.
D)It usually takes title to products rather than acting as an agent.

Question

Quizplus · Accepted Answer

An export management company typically operates on a contractual basis for a manufacturer by helping obtain orders for its clients' products. They act as an agent, representing their clients and do not take title to products. Option A is incorrect because an EMC is usually an independent entity. Option B is incorrect because most EMCs are small or medium-sized and specialize in a particular product or geographic area. Option D is incorrect because an EMC acts as an agent and does not take title to products.

Which of the Following Is Typically True of an Export