An Advantage of Exporting as a Global Expansion Entry Mode

question 51

Multiple Choice

An advantage of exporting as a global expansion entry mode is that

• A) Economies of scale may be realized.
• B) The target site may have lower production costs.
• C) Transportation costs are generally lower.
• D) It is considered responsive to local needs.
• E) Trade barriers may be removed.

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Definitions:

Material Handling

The moving, protecting, storing, and controlling of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal.

Retail Layout

The strategic placement of products, categories, and departments within a retail store to enhance customer experience and store performance.

Lead-off Department

The first department or phase in a production or processing sequence, setting the pace and standards for subsequent operations.

Hospital's Layout

The arrangement of physical facilities within a hospital, designed to optimize the flow of patients, staff, and equipment.