Which of the Following Is the Primary Advantage of Exporting

question 7

Multiple Choice

Which of the following is the primary advantage of exporting as a foreign market entry strategy?

• A) No foreign currency risk is involved.
• B) Exporting requires little knowledge of foreign markets.
• C) Exporting is a relatively inexpensive way for a firm to become involved in foreign markets.
• D) The exporting company's customers put up most of the capital needed to establish the export operation.
• E) Exporting involves very little effort on the part of a firm.

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Definitions:

High Agreeableness

A personality trait characterized by kindness, empathy, and a cooperative spirit.

High Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, irritability, and sadness.

External Locus

An individual’s belief that their life events and outcomes are largely beyond their control and depend on external factors or forces.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.