When Considering Where to Export,advantages to Managers of Focusing on a Nation

question 137

Multiple Choice

When considering where to export,advantages to managers of focusing on a nation that is already a sizable purchaser of goods coming from the home country include the fact that

• A) the political climate in the importing nation is relatively stable.
• B) there are abundant natural resources in the importing nation.
• C) satisfactory transportation facilities have already been established.
• D) the trading partner has lower labor costs.
• E) both countries are economically prosperous.

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Definitions:

Work In Process

Inventory items that are partially completed products found midway through the production process.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are significant in cost.

Specific Process

A defined sequence of activities or steps designed to achieve a particular outcome, often unique to a particular field or industry.

Direct Materials

The raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.