Which of the Following Steps of the Strategy Development Process

question 38

Multiple Choice

Which of the following steps of the strategy development process for exports involves establishing relationships with potential local distributors?

• A) identification of a potential market
• B) match market needs to the company's abilities
• C) initiation of meetings
• D) commitment of resources

---

Definitions:

Intravenous Drug User

An individual who administers drugs directly into the bloodstream through a vein, often associated with higher risk of certain diseases.

Life Insurance

A policy that provides financial compensation to a designated beneficiary upon the death of the insured individual.

Insurance Policy

An insurance policy is a contract between an insurer and the insured, detailing the terms under which the insurer agrees to compensate for specific financial losses or damages.

Utmost Good Faith

A legal doctrine requiring parties to act with honesty and not mislead or withhold information from each other.