Vandelay Designs Is a Small Firm Based in Boston That

question 7

Multiple Choice

Vandelay Designs is a small firm based in Boston that makes and sells scrapbooking products through its retail store and Web site.Many of Vandelay's first sales were made to customers located in Canada, England, and Japan.Vandelay Designs would best be identified as a(n) ________.

• A)incremental exporter
• B)occasional exporter
• C)born global
• D)geo-expo

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Definitions:

Quantity Of Resources

The total amount of natural, human, and capital resources available to produce goods and services.

Rapidly Growing

This term is used to describe entities (e.g., economies, companies) that experience a significantly higher-than-average increase in size, value, or performance over a short period.

Efficiently Produce

The process of creating goods or services using the least amount of resources while maximizing output.

Economy's Resources

Economy's resources refer to the total inputs available to produce goods and services, including labor, capital, land, and entrepreneurship.