Which of the Following Occurs When a Company Exports to a Small

question 93

Multiple Choice

Which of the following occurs when a company exports to a small number of markets or just one key market and then slowly expands into additional countries?

• A) Market spreading
• B) Market development
• C) Market concentration
• D) Market fulfillment
• E) Market proliferation

---

Definitions:

Operating Income

The profit realized from a business's core operations, excluding income from investments and the effects of taxes and interest.

Variable Costs

Costs that vary in direct proportion to the level of production or sales volume, like raw materials and direct labor.

Fixed Costs

Costs that do not vary with the level of production or sales over a specified period, such as rent or salaries.

Operating Income

The profit realized from a business's operations after subtracting operating expenses from gross profits.