Export Trading Company - ETC
An independent company that appropriates fill-in services for firms engaged in exporting. This may include warehousing, shipping, insuring and cathexis on behalf of the client. In addition, export trading companies may uphold manufacturers find overseas buyers and provide them with different pertinent mart 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 operate in the country that imports the goods. They charge either a honorarium 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 several (even competing) firms based on their own or the customers designs, formulas, and/or specifications. Also called private label manufacturing.
Licensing-Â 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 bright property rights, such as trademarks, patents, or technology, nether defined conditions.
Licensing agreement- Written contract under which the owner of a copyright, know how, patent, servicemark, trademark, or other intellectual property, allows a licensee to use, make, or transport copies of the original. Such agreements usually place the scope or field of the 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 mean 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 want to get a full essay, order it on our website: Ordercustompaper.com
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