For Managers in SMEs Without Any International Experience in Exporting,the

question 34

Multiple Choice

For managers in SMEs without any international experience in exporting,the best strategy to enter markets that are physically and economically close to the home market is said to be the:

• A)no-risk strategy.
• B)medium-risk strategy.
• C)low-risk strategy.
• D)high-risk strategy.

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Definitions:

Shareholder Proceeding

Legal actions initiated by shareholders, typically against a corporation's management or board of directors, regarding disputes over management decisions, policies, or alleged misconduct.

Attorney General

The principal legal officer who represents a country or a state in legal proceedings and advises its government on legal matters.

Judicial Action

A formal decision or order by a court or a legal process carried out by the judiciary.

Creditors

Individuals or entities to whom money is owed by a debtor.