Export Management Companies (Essay Sample)
Export management companies (EMCs) are known as middle agents or distributors that act on behalf of domestic or international business giants to provide sales services in the global market. An EMC is considered a private company that handles exports for several suppliers and manufacturers who do not compete with each other. The teacher gave an article to each student, and we had to analyze the article. The article's topic was defining the export management company and analyzing its working model. The task was to review the article and critically elaborate on the EMC's legal structure, financial prospects, and its role in the US corporate economy.source..
Export Management Companies
Name Student ID
Key term and reason of interest:
The key term of this task is elaborating and emphasizing the important role of export management companies. Export management companies are known as middle agents or distributors that act on behalf of domestic or international business giants to provide sales services in the global market. The key reason of interest in this topic is that we are in the age of internationalization and the global market; the trade barriers have been reduced by at least. Another reason is that technology enables businesses to operate in the worldwide market with cost efficiency. Technology development has helped a lot to lower the costs of transportation and communication, which are very important CITATION Hai04 \l 1033 (Haigh, 2004). Since most countries have opened up their economies, eliminating some tariffs and other trade barriers worldwide has also been important.
Explanation of export management companies:
Export management companies are known as middle agents or distributors that
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