Export management companies (EMCs) start exporting operations for a fi

QUESTION

Export management companies (EMCs) start exporting operations for a firm with the understanding that the firm will take over operations after they are well established

Indicate whether the statement is true or false.

ANSWER

TRUE
Export management companies normally accept two types of export assignments. They start exporting operations for a firm with the understanding that the firm will take over operations after they are well established. In another type, start-up services are performed with the understanding that the EMC will have continuing responsibility for selling the firm’s products