Which of the Following Is an Advantage of Exporting

question 121

Multiple Choice

Which of the following is an advantage of exporting?

• A)The firm may realize substantial scale economies from its global sales volume.
• B)It allows firms to successfully use localization strategy.
• C)The firm is insulated from volatility in foreign exchange rates.
• D)The firm is insulated from the threat posed by high tariff rates.

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Definitions:

Compressed Workweek

A work schedule that allows employees to work the standard number of work hours in fewer days, often by extending daily working hours.

Ergonomics

The science of designing the workplace, keeping in mind the capabilities and limitations of the worker, to improve job safety and productivity.

Knowledge, Skills, Abilities, and Other Characteristics (KSAOs)

The attributes required for successful performance in a job, including theoretical or practical understanding, learned capacities, innate capabilities, and other personal traits.

Tasks, Duties, Responsibilities (TDRs)

A comprehensive outline of the tasks, duties, and responsibilities associated with a particular job or position.