Research Has Shown That Exporting Is Essentially a Developmental Process

question 29

Multiple Choice

Research has shown that exporting is essentially a developmental process that proceeds in different stages.Before a firm reaches stage 4,it must do which one of the following activities?

• A)explore the feasibility of exporting
• B)commit resources for exporting
• C)receive unsolicited export orders
• D)believe in attractiveness of exporting
• E)build confidence in firm's ability for exporting

---

Definitions:

Net Income

The profit a company retains after deducting every expense, tax, and cost from its total income.

Equity Method

An accounting technique used for recording investments in associate companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's net income or loss and dividend received.

Private Companies

Businesses whose shares are not traded publicly on stock exchanges and are typically owned by the company's founders, management, or a group of private investors.

Intangible Asset

An asset without physical substance that holds value for a business, such as patents, trademarks, and copyrights.