International Manufacturing & Product Development - definitions  
International Manufacturing & Product Development - definitions -e

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Embargo
A total prohibition on a product entering or leaving a country.

 

 

Environmental Forecasting
Predicting the internal and external factors to identify market threats and opportunities that affect a company’s decisions and performance. Also called "environmental scanning."

 

 

Export-Import agent
An independent middleman who connects foreign buyers and sellers and takes a commission from the sales.






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