Arturo Is a Partner in a Firm That Specializes in Producing

question 261

Multiple Choice

Arturo is a partner in a firm that specializes in producing vitamins and health food products. While the business is considered small by U.S. standards, he is attempting to persuade his partner to expand internationally. Arturo would list which of the following as an advantage of going global?

• A) Exporting can help sell excess inventory.
• B) Marketing programs benefit from the cultural similarities in prospective markets.
• C) Financing can easily be obtained to expand internationally.
• D) Selling your products in other markets reduces their life cycle, making them more attractive.

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Weekend Getaway

A short leisure trip taken over a weekend, providing a brief break from daily routines.

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A measure of the responsiveness of the quantity demanded of a good to a change in its price.

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A short trip taken for leisure, typically over a weekend period, to relax and escape from routine.