The Advantages of Using an Export Strategy to Build a Customer

question 56

Multiple Choice

The advantages of using an export strategy to build a customer base in foreign markets include:

• A) being able to minimize shipping costs,avoiding tariffs,and curbing the effects of fluctuating exchange rates.
• B) minimizing its risk and direct investments requirements.
• C) being cheaper and more cost effective than licensing and franchising.
• D) being cheaper and more cost effective than a multicountry strategy.
• E) being more suited to accommodating local buyer tastes and host government regulations than a global strategy.

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Definitions:

Foster Care

A temporary arrangement in which a child is placed with a family or institution for care when their own family cannot provide for them.

Foster Care

A temporary arrangement where children who cannot live with their own families are placed in the care of another family or institutional setting.

Indentured Servants

Individuals who entered into a contract of labor for a set period of time, in exchange for passage to a new country, accommodation, or other benefits during the 17th and 18th centuries.

Reunification

The process of bringing together family members who have been separated, often due to factors like divorce, displacement, or foster care.