Which of the Following Is Not True About Exporting

question 49

Multiple Choice

Which of the following is not true about exporting?

• A)A firm needs to be proactive about seeking export opportunities
• B)Exporting is almost always an end in itself
• C)It is important for the exporter to retain the option of local production
• D)Localization can lead to greater market acceptance

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Definitions:

Strategic Planning

A long-term vision and roadmap for an organization, laying out goals and actions to achieve competitive advantage and fulfill its mission.

Social Responsibility

The obligation of an organization's management towards the welfare and interests of the society in which it operates.

Connection

A relationship or link between individuals, objects, or systems that enables communication or interaction.

Code of Ethics

A set of principles and guidelines designed to help professionals conduct business honestly and with integrity.