Old Assumptions Regarding Global Business Assumptions for Exporting Include ________

question 17

Multiple Choice

Old assumptions regarding global business assumptions for exporting include ________.

• A)I am "too small" to go global and my product or service won't sell outside the U.S.
• B)Exporting is too risky for my small company and my domestic market is currently secure.
• C)Getting paid is difficult and this will impede my success.
• D)All of the above

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Definitions:

Total Revenue

The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.

Fixed Costs

Expenses that remain constant regardless of production or sales levels, like lease payments, wages, and coverage plans.

Variable Costs

Costs that vary directly with the level of production or sales volume, such as raw materials or commission on sales.

Fixed Expenses

Costs that do not change with the level of production or business activity.