Which of the Following Is the Most Basic Level of International

question 89

Multiple Choice

Which of the following is the most basic level of international market development that involves shipping domestically produced products overseas?

• A) franchising
• B) exporting
• C) licensing
• D) importing

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Definitions:

Negotiation objectives

The specific goals or outcomes that a party aims to achieve through the negotiation process.

Strategizing

Formulating plans and strategies to achieve specific goals or overcome challenges.

Goal setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives.

Negotiations fail

Occurrences when discussions or talks break down without reaching an agreement, due to various reasons such as misunderstandings, lack of compromise, or conflicting interests.