Which of the Following Is True of Exporting

question 91

Multiple Choice

Which of the following is true of exporting?

• A) It is the least common strategic approach for a company making its first foray into the international marketplace.
• B) It includes the cost of establishing manufacturing operations in the host country.
• C) It does not need to pay import duties or face trade barriers.
• D) It helps a firm achieve experience-curve and location economies.

Identify the significance of internal compliance and trust in the supply process.

Describe the process of identifying needs and the importance of the payment process alignment with supply management.

Understand the role and types of requisitions in the purchasing process.

Grasp the concepts of online reverse auctions, Pareto analysis, and the global consolidation of sourcing strategies.

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Definitions:

Damages

A monetary compensation awarded to a person as restitution for loss or injury caused by the unlawful acts or negligence of another party.

Dissociating Member

An individual who is leaving or has left a partnership or limited liability company (LLC), and hence is severing ties with the entity.

LLC

A Limited Liability Company is a type of business organization that merges the benefit of pass-through taxation seen in partnerships or sole proprietorships with the advantage of limited liability found in corporations.

Capital Injection

A capital injection is the infusion of funds into a business by its owners or external parties, often to shore up its financial health or expand operations.