Trade

Export Trading Company - ETC An independent company that appropriates succor services for firms engaged in exportinging. This whitethorn include warehousing, shipping, insuring and billing on behalf of the client. In addition, export trading companies may go along requirers find overseas buyers and provide them with different pertinent marketplace information. A group of producers can also form its testify ETC. They sound like an export division for a company that does not have an export division. They may be local or foreign; sometimes they even form in the country that imports the goods. They charge either a wages or a commission for their services. They are also called export management companies. Contract manufacturing- Production of goods by one firm, d sustain the stairs the label or brand of some other firm. Contract manufacturers provide such service to some(prenominal) (even competing) firms based on their own or the customers designs, formulas, and/or specifications. withal called private label manufacturing. Licensing- A business arrangement in which one company gives another company permission to manufacture its product for a qualify payment. The granting of permission to use impertinent property rights, such as trademarks, patents, or technology, nether outlined conditions.

Licensing agreement- Written contract under which the owner of a copyright, bang how, patent, servicemark, trademark, or other intellectual property, allows a licensee to use, make, or charge copies of the original. Such agreements usually place the scope or field of battle of th e licensee, and specify whether the license ! is sole(prenominal) or non-exclusive, and whether the licensee will pay royalties or some other consideration in exchange. Licensing offers three major advantages. First, it may baseborn you have something unique your competitors dont. Second, it may call up getting a little better margin because its unique. And third, it may mean that 10 percent of the retailers you call on that youve never been able to sell to will finally take a...If you indirect request to get a full essay, order it on our website: OrderCustomPaper.com

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