Research Has Shown That Exporting Is Essentially a Developmental Process

question 29

Multiple Choice

Research has shown that exporting is essentially a developmental process that proceeds in different stages.Before a firm reaches stage 4,it must do which one of the following activities?

• A)explore the feasibility of exporting
• B)commit resources for exporting
• C)receive unsolicited export orders
• D)believe in attractiveness of exporting
• E)build confidence in firm's ability for exporting

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Definitions:

Spending

The act of expending funds to purchase products or services.

Recession

A phase of short-term economic downturn characterized by a decrease in commerce and manufacturing, typically marked by two consecutive quarters of declining gross domestic product (GDP).

Inflation

The pace at which prices for general goods and services climb, reducing the value of money to buy them.

Spreadsheets

Digital tools or applications used to organize, analyze, and store data in tables, often utilized for accounting, planning, and data analysis.