All of the Following Are Considered to Be Exporter Strategies

question 22

Multiple Choice

All of the following are considered to be exporter strategies when the domestic currency is strong except:

• A)conduct conventional cash-for-goods trade.
• B)engage in nonprice competition by improving quality, delivery, and after sale service.
• C)improve productivity and engage in vigorous cost reduction.
• D)shift sourcing and manufacturing overseas.
• E)give priority to exports to relatively strong-currency countries.

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Definitions:

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from revenues, indicating the company's financial performance over a specific period.

Variable Costs

Costs that change in proportion to the level of activity or production volume, such as materials and labor.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales activities.

Contribution Margin

The difference between a company's sales revenue and its variable costs, used to cover fixed costs and generate profit.