The Internet Supports More Companies' Efforts to Launch a Direct

question 55

Multiple Choice

The Internet supports more companies' efforts to launch a direct exporting strategy by ________.

• A)providing information quickly and inexpensively
• B)eliminating the need for highly detailed export plans
• C)letting software take over customer service responsibilities
• D)countering the power of electronic data interchange systems

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Definitions:

Effective Means

Methods or strategies that achieve desired results or objectives efficiently.

Budget

An estimate of income and expenditure for a set period of time, guiding financial planning and performance evaluation.

Contribution Margin

The revenue remaining after variable costs are subtracted, indicating how much revenue contributes to fixed costs and profit.

Costs Incurred

Expenses that a company has recognized or spent, regardless of when payment is made.