One of the Factors That Stops Small Businesses from Exporting

question 82

Multiple Choice

One of the factors that stops small businesses from exporting their products is:

• A)the business owners' over familiarity with U.S.laws regarding imports and exports.
• B)the business owners' inability to negotiate a successful contract with a supplier overseas.
• C)the need to pay a wage equal to the U.S.federal minimum wage in the oversees market.
• D)the lucrativeness of the global market .
• E)the U.S.federal laws that prohibit marketing of any product oversees.

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Definitions:

Profit-Seeking Decision Maker

An individual or entity focused on making decisions that are expected to result in the highest possible profit.

Entrepreneur

An individual who organizes and operates a business venture, taking on greater than normal financial risks in order to do so.

Business Projects

Specified endeavors undertaken by businesses to achieve specific objectives, often within a set timeline and budget.

Private Owners

Individuals or entities who own private property or businesses and have control over their use and distribution.