A relationship between one individual or legal entity (the agent) who represents, acts on behalf of, and binds another individual or legal entity (the principal) in accordance with the principal´s request or instructions. In some countries, the role of commercial…
Read MoreCommercial counsellor
The commercial expert on the diplomatic staff of a country´s embassy or large consulate. Also called commercial attaché.
Read MoreCommercial counterfeiting
The production or marketing of goods with the intent of defrauding the purchase by falsely conveying directly or indirectly, that the goods are produced by a known or reputable manufacturer.
Read MoreCommercial presence
In 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.
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