Once the Firm Knows That a Potential Market Exists,it Needs

question 84

Multiple Choice

Once the firm knows that a potential market exists,it needs to do all of the following except

• A) choose between exporting directly or indirectly.
• B) set up a foreign subsidiary.
• C) consider seeking assistance from a trade specialist if it wishes to engage in indirect exporting.
• D) find and establish overseas distribution if it decides to set up its own export operation.

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Definitions:

Rapidly

Occurring in a short time or at a fast pace, often with implications of haste or urgency.

More Effective

Being better than others in producing the desired result or achieving the intended purpose.

Broad Coalition

A wide-ranging alliance among diverse groups or entities, often formed to achieve a common objective or to address a significant issue.

Implementing Change

The process whereby new methods, practices, or innovations are put into place within an organization or system.