Anthony,a Small Business Owner,is Considering Marketing His Product in Brazil

question 73

Multiple Choice

Anthony,a small business owner,is considering marketing his product in Brazil.If he enters the Brazilian market,he is likely to face all of the following problems except:

• A)the cultural differences between Canada and Brazil.
• B)difficulties in obtaining adequate financing.
• C)convincing foreign firms to do business with a small firm,rather than a large corporation.
• D)the heavy burden of bureaucratic paperwork.

---

Definitions:

Operating Expenses

The costs associated with a company's main operational activities, excluding the cost of goods sold, interest, and taxes.

Income from Operations

The earnings generated from a company's core business operations, excluding any income from investments or other non-operational sources.

Net Sales

Revenue from sales after deducting returns, allowances for damaged goods, and discounts.