Which of the Following Is the First Step in the Decision

question 124

Multiple Choice

Which of the following is the first step in the decision for a business to expand globally?

• A) determining which foreign markets to enter
• B) determining how much it will cost to enter a new market
• C) deciding how to organize the overseas operations
• D) applying for special export credits

---

Definitions:

Income Equality

The extent to which income is distributed in a relatively equal manner among the population.

Two-Year Data

Information or statistical figures collected or observed over a two-year period.

Lorenz Curves

Graphical representations showing the distribution of income or wealth within an economy, illustrating disparities in wealth distribution.

Nation's Total Income

The total amount of money earned within a country from the production of goods and services, before taxes and other deductions.