Often New Exporters Think That They Won't Have to Localize

question 73

True/False

Often new exporters think that they won't have to localize their approach, that a marketing technique or distribution system that works in one country will work in another.

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Definitions:

Accrued Property Taxes

Property taxes that have been incurred but not yet paid, typically recorded as a liability on the balance sheet.

Cost of Land

The purchase price and all associated costs, such as legal fees and surveying, of acquiring land for business use.

Asset's Cost

The total amount of money or the value exchanged to acquire, maintain, improve, or replace an asset.

Intended Use

The purpose for which a product or service is specifically designed or for which it is intended to be used.