Which of the Following Is an Advantage of Exporting as a Mode

question 112

Multiple Choice

Which of the following is an advantage of exporting as a mode of entry into foreign markets?

• A) It helps a firm achieve experience curve and location economies.
• B) A firm does not have to bear the development costs and risks associated with opening a foreign market.
• C) A firm has the ability to engage in global strategic coordination.
• D) It helps the firm earn returns from process technology skills in countries where FDI is restricted.
• E) It can provide the firm access to the local partner's knowledge.

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Definitions:

Sharing Information

The act of exchanging data, knowledge, or insights among individuals, teams, or organizations to facilitate decision-making and problem-solving.

Learning Culture

An organizational environment that promotes and supports ongoing learning and development among its employees.

Workshops

Interactive and often practical sessions aimed at educating or training participants in specific skills or knowledge areas.

Beauty Products

Consumer goods designed to enhance or alter the appearance or fragrance of the body.