Which of the Following Statements About Exporting Is FALSE

question 97

Multiple Choice

Which of the following statements about exporting is FALSE?

• A)Intermediaries can handle the arrangements as products are shipped outside the country.
• B)Channel relationships in international markets take time to build and shouldn't be treated lightly.
• C)Exporting requires a firm to establish permanent relationships with international partners.
• D)A firm often invests a minimal amount of time and money.

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Definitions:

Contract

A pact among two or more parties that holds legal force and is binding.

Duty

An obligation or responsibility imposed by law, moral guidelines, or codes of conduct that requires a person or entity to act or refrain from acting in a certain way.

Assignable

Capable of being transferred from one party to another, typically referring to rights or property.

Delegating Duties

The process of assigning responsibility and authority to another person to carry out specific activities, while the original person remains accountable for the outcome.