The form of countertrade in which seller gets payments in cash and agrees to spend amount of money within specific time period is classified as __________?
Correct answer: A. offset
- A. offset
- B. buy back arrangement
- C. barter
- D. compensation deal
Explanation
In an offset arrangement, the seller receives payment in cash but agrees to spend a specified amount in the buyer's country within an agreed period. Buyback involves receiving products made by the supplied plant, while barter exchanges goods directly.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Marketing
Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.
Practise Marketing
1,700 free Marketing MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Marketing questions
The ice-cream brand sell their same serving of ice-cream at different locations depend on from where you can buy, is an example of ___________?
If the desired return on sales is 70% and the markup price is $65 then the unit cost will be ___________?
The reduction in price awarded to customers who buy products in large volumes is classified as __________?
The kind of pricing in which prices are set below the cost temporarily and intentionally to destroy the competitors is classified as _________?
The sum of variable costs and fixed costs is classified as _______?
The pricing objective of company who is plagued with intense competition and overcapacity is ___________?