The Advantages of a Market Visit Include All of the Following

question 78

Multiple Choice

The advantages of a market visit include all of the following except:

• A)confirm market potential.
• B)contradict market potential.
• C)gain confidence in firm's ability for exporting.
• D)gather additional data to reach final decision.
• E)build confidence in firm's ability for exporting.

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Definitions:

Work Division

The process of dividing tasks, responsibilities, and workloads among individuals or teams to improve efficiency and productivity.

Horizontal Fit

The alignment and integration of an organization's practices, processes, and strategies in a way that they support and reinforce each other.

Innovative Behaviours

Actions or tendencies of individuals or organizations geared towards the discovery, creation, and implementation of new ideas, products, or processes.

Compensation Strategies

The planning and implementation methods used by businesses to reward employees financially for their work and performance.