Which of the Following Statements Is True of the Strategic

question 37

Multiple Choice

Which of the following statements is true of the strategic factors that influence a company's international entry mode selection?

• A)Low tariffs and high quota limits encourage market entry by means of investment.
• B)Companies that produce goods with high shipping costs prefer exporting.
• C)Companies set up production units in a host market if the total cost of production is lower in the home market.
• D)Markets that are likely to remain relatively small consider exporting as a viable option.

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Definitions:

Product Platform

A set of common designs, components, and technologies used as a base upon which various products can be developed and manufactured.

Executive Summary

A concise overview of a business plan or document, highlighting its main points, goals, and recommendations, meant to give readers a quick preview.

Marketing Plan

A comprehensive document that outlines a company's overall marketing efforts, including strategies, objectives, and activities to achieve them.

Corporate Mission Statement

A concise declaration of a company’s core purpose and focus that normally remains unchanged over time, guiding its strategic decisions and organizational culture.