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Resident buying agents.

Authors :
O'Connell, John
Source :
Blackwell Encyclopedic Dictionary of International Management; 2005, p1-306, 306p
Publication Year :
2005

Abstract

Most organizations conducting international trade do not use their own employees to either buy or sell goods in various countries. The differences between business practices, language, and cultural problems usually make employee arrangements difficult at best. Instead of using employees, organizations may turn to intermediaries in each country to secure goods needed by the organization in its home country (or other country of production). Intermediaries who purchase goods for a foreign company (to be shipped to that foreign company) are referred to as resident buying agents. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISBNs :
9781557869241
Database :
Supplemental Index
Journal :
Blackwell Encyclopedic Dictionary of International Management
Publication Type :
Reference
Accession number :
14853450