Robert Has Established a Start-Up Business Manufacturing a Range of Outdoor

question 7

Multiple Choice

Robert has established a start-up business manufacturing a range of outdoor wear for the leisure market. Which possible scenario would best show that Robert is positioning his business for the global business market?

• A) Robert launched a website for his business and hired two new employees to handle national and international shipping.
• B) Robert launched a website and filmed a commercial for television and recorded a radio version for local stations.
• C) Robert created a page for his business on a networking site and offered store coupons to his first 100 friends.
• D) Robert had his website translated into Korean in order to better serve the local Korean community.
• E) Robert took a full-page ad out in the state's official tourism brochure.

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Definitions:

US Exports

Goods, services, or commodities sent from the United States to other countries for sale or trade.

Exchange Rate

The exchange rate is the price at which one currency can be exchanged for another, influencing international trade and investments.

US Dollars

A form of currency recognized and utilized worldwide, characterized by its representation of the American economy.

Bank of Russia

The central bank of the Russian Federation, responsible for issuing the national currency and overseeing the country's banking system.