What Is the Most Likely Reason That Firms Avoid Aggressively

question 57

Multiple Choice

What is the most likely reason that firms avoid aggressively seeking export opportunities?

• A)Exporting is an activity best left to large, resource-rich firms.
• B)Firms are unaware of opportunities in foreign markets.
• C)Foreign customers cannot easily communicate their needs.
• D)Firms are reluctant to adjust their established business practices.

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Definitions:

Camaraderie

A spirit of friendly good-fellowship and mutual trust among people who spend a lot of time together.

Self-Efficacy Beliefs

The belief in one's own ability to succeed in specific situations or accomplish a task.

Guided Mastery Techniques

A cognitive-behavioral approach that uses step-by-step success experiences to build self-efficacy and overcome fear or anxiety.

Self-Esteem Needs

These are psychological needs that relate to an individual's perception of their value and worth, often impacting their motivation and behavior.