A Disadvantage of Exporting Is That

question 131

Multiple Choice

A disadvantage of exporting is that

• A)it is quite risky.
• B)the company may not be realizing the lowest production costs possible.
• C)it is the most expensive method of expanding globally.
• D)it usually lowers trade barriers.
• E)it is inconsistent with a pure global strategy.

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Definitions:

Cultural Experiences

Cultural experiences encompass exposure to and engagement with the customs, arts, social institutions, and achievements of a particular nation, people, or other social group.

Socialization Process

The method through which individuals learn and internalize the values, beliefs, and norms of their culture, thereby becoming functioning members of society.

Cultures

The shared values, traditions, norms, customs, arts, history, and collective identity developed by groups of people.

Subcultures

Groups within a larger culture that have their own distinct values, norms, and practices, often distinguishing themselves from the mainstream.