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FrançaisIn international marketing forms of entry strategies, having an office, branch, or subsidiary in a foreign country.
Read MoreCommercial sensitive information
Information that, if disclosed, could prejudice a supplier’s commercial interests e.g. trade secrets, profit margins or new ideas. This type of information is protected through Confidentiality Agreements.
Read MoreCommission
Compensation given by a principal to a party (usually an agent, intermediary, or sales representative) representing it. Sales commission, a percentage of the selling price (usually without including transportations costs), is the most commonly way to pay sales services in…
Read MoreCommission agent
An international agent who is paid a percentage of the sales he or she generates. The Agent offers products to potential clients in an assigned territory (usually a country), strictly in accordance with the sale conditions indicated to it by…
Read MoreCommissioning
The process used to test equipment to verify that it functions according to its specifications.
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