Trade

Export Trading Company - ETC An independent company that appropriates recognize services for firms engaged in exportationing. This whitethorn include warehousing, shipping, insuring and boot on behalf of the client. In addition, export trading companies may asseverate pay offrs find overseas buyers and provide them with different pertinent food market 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; roughlytimes they even die in the country that imports the goods. They charge either a hire 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. in like manner 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 impudent property rights, such as trademarks, patents, or technology, nether outlined conditions.

Licensing agreement- Written contract under which the owner of a copyright, feel how, patent, servicemark, trademark, or other intellectual property, allows a licensee to use, make, or change copies of the original. Such agreements usually place the scope or theater of op erations of the licensee, and specify whethe! r 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 look on getting a little better margin because its unique. And third, it may mean that 10 percent of the retailers you call on that youve neer been able to sell to will finally take a...If you trust to get a full essay, order it on our website: OrderCustomPaper.com

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