The Great Promise of Exporting Is That

question 70

Multiple Choice

The great promise of exporting is that

• A) large revenue opportunities are often found in foreign markets.
• B) it provides more opportunities to smaller firms than larger firms.
• C) international trade is protected against exchange risks.
• D) it reduces the need for insuring businesses against political risks.

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Definitions:

Considerable Power

Significant influence or control over situations, decisions, or other people often evident in leadership or hierarchical positions within organizations.

Figurehead

A person holding a position of nominal leadership but with limited actual authority, often symbolic in nature.

Impression Management

entails the process by which individuals attempt to control or influence the perceptions others have of them, often through strategic self-presentation and social behavior.

Leader-Member Exchange

A theory focusing on the two-way (dyadic) relationship between leaders and followers, emphasizing the significance of that relationship in organizational dynamics.