In Small and Medium-Sized Firms, the Initial Decision to Export

question 41

Multiple Choice

In small and medium-sized firms, the initial decision to export is usually made by the president, with substantial input provided by:

• A) his wife.
• B) the researchers and product developers.
• C) lawyers.
• D) the marketing department.

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Definitions:

Information Needs

The data and information requirements of individuals or organizations to make informed decisions or fulfill specific tasks.

Internal User

An individual or group within an organization who uses financial and operational information for decision-making purposes, such as managers and employees.

Company Officers

Executives appointed by the board of directors responsible for managing the day-to-day operations and administration of a corporation.

Public Corporations

Entities that are owned by public shareholders. These corporations have shares that are listed and traded on public stock exchanges.