Exporting Refers to a Global Market Entry Strategy in Which

question 24

Multiple Choice

Exporting refers to a global market entry strategy in which

• A) a company will sell its products in international markets but not in its own domestic market.
• B) a company produces goods in one country and sells them in another country.
• C) a company will manufacture its product in several countries at the same time using different brand names and slight product modifications.
• D) a company will manufacture products specifically designed for nondomestic markets, but will sell those products to distributors that take title and resell the products to different companies around the world.
• E) a product is made in one country, assembled in a second country, and ultimately marketed to a third country.

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Definitions:

Alternatives

are other options or choices available that can be considered when making decisions or solving problems.

Social Situation

refers to any context in which interactions between individuals or groups take place, influenced by the norms, roles, and cultural expectations of the society.

Forming

The initial stage of team development where members meet and start to work together for the first time, characterized by orientations and positive expectations.

Storming

A phase in group development characterized by conflict and competition, as team members assert their opinions.