Exporting Is

question 101

Multiple Choice

Exporting is

• A)a common entry strategy for global expansion.
• B)manufacturing a product in one location and importing it to consumers in global markets.
• C)inconsistent with a pure global strategy.
• D)expensive.
• E)not able to achieve scale economies.

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Definitions:

Promotional Allowance

Financial incentives offered by manufacturers to retailers or distributors for promoting their products.

Predatory Pricing

The practice of selling goods or services at a lower price than the cost to produce them to eliminate competition and establish market dominance.

Product Life Cycle

The stages a product goes through from development to withdrawal from the market, including introduction, growth, maturity, and decline.

Online Businesses

Companies that operate primarily on the internet, offering goods, services, or information to a global audience.