Marc Is an Entrepreneur Who Wants to Export Products to Other

question 150

Multiple Choice

Marc is an entrepreneur who wants to export products to other countries.What is a major source for Marc to learn about marketing activities and consumers in those countries?

• A) conduct exploratory studies in each foreign country
• B) establish a market research department in each country
• C) contact Industry Canada
• D) join his local Better Business Bureau (BBB)

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Definitions:

Corporate Powers

Legal authorities and capacities granted to a corporation by law, including entering into contracts, owning assets, and issuing stock.

Businessperson

An individual actively involved in the business world, especially in activities related to operating, managing, or investing in businesses.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations.

Investor

An individual or entity that allocates capital with the expectation of achieving a financial return, often by purchasing securities, real property, or other investment vehicles.