Which of the Following Is True of Exporting

question 68

Multiple Choice

Which of the following is true of exporting?

• A)Many foreign customers require face-to-face negotiations on their home turf.
• B)Large firms tend to wait for the world to come to them,rather than going out into the world to seek opportunities.
• C)Exporters have the advantage of reduced paperwork and fewer formalities.
• D)Medium-sized and small firms are proactive about seeking opportunities for profitable exporting.
• E)Firms that focus only on exporting often lose out on significant opportunities for growth and cost reduction.

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Definitions:

Nitrate

A polyatomic ion with the chemical formula NO3-, commonly found in fertilizers and an essential nutrient for plant growth.

Plants

Multicellular organisms that typically produce their own food through photosynthesis and have cell walls made of cellulose.

Uptake

The absorption or intake of substances by the cells or biological membranes.

Nutrients

Essential substances that organisms need to acquire from their environment to maintain health, growth, and reproduction.