Which of the Following Is an Advantage of Using an Export

question 65

Multiple Choice

Which of the following is an advantage of using an export agent?

• A)The firm does not have to deal with a middleman.
• B)The firm is not responsible for the procurement and storage of raw materials.
• C)The firm does not have to deal with the red tape of international business.
• D)The firm does not need to worry about product pricing.
• E)The firm does not need to invest in research and development.

---

Definitions:

Brainstorming

A technique for generating a large number of ideas or solutions to a problem in a short period, typically through a group discussion.

Groupthink

A phenomenon where the desire for harmony in a decision-making group leads to an irrational or dysfunctional decision-making outcome.

Organizations

Entities or groups of people structured and coordinated to pursue collective goals or carry out specific activities.

Team Work

The collaborative effort of a group to achieve a common goal or task in the most effective and efficient way.