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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market4 Marks
Question
What do you mean by Indirect Export?
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Answer

It is an occasional exporting which is a passive level of involvement where the company exports from time-to-time:
  1. On its own initiative.
  2. By getting work through independent middlemen.
  3. In response to occasional or unsolicited orders from abroad.
For this the company makes:
  1. A commitment to expand through exports,
  2. The least change in the company's product lines,
  3. Workforce organization,
  4. Investments or missions are involved.

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