A Disadvantage of Exporting Is Waiting Longer for Payments Than

question 80

True/False

A disadvantage of exporting is waiting longer for payments than would occur if dealing with local markets.

---

Definitions:

Training Needs

The identification of gaps in employee skills and knowledge that need to be addressed for optimal performance.

Training Planning

A systematic process for identifying and organizing training programs to ensure employees acquire the necessary skills and knowledge for their roles.

Global Managers

Professionals adept at operating across different cultures and economies, capable of managing and leading operations that span multiple countries.

Experiential Forms

Methods or approaches that focus on learning through experience, often involving direct engagement and participation rather than theoretical study.