The First Obstacle an Entrepreneur Must Overcome on the Way

question 58

Multiple Choice

The first obstacle an entrepreneur must overcome on the way to creating a truly global business is ________.

• A)finding a joint venture partner
• B)learning to think globally
• C)locating motivated, multilingual managers for overseas assignments
• D)finding overseas distributors for the company's products

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Definitions:

Direct Expenses

Costs that can be precisely linked to the production or sale of particular goods or services, crucial for setting product prices.

Salaries

The regular payments made by an employer to an employee, often expressed as an annual sum.

Indirect Advertising

is a form of advertising where the message is not directed toward the product or service but rather establishes a broader brand identity.

Gross Sales

The total sales revenue of a company, before any deductions for returns, allowances, or discounts.