The Great Promise of Exporting Is That

question 70

Multiple Choice

The great promise of exporting is that

• A) large revenue opportunities are often found in foreign markets.
• B) it provides more opportunities to smaller firms than larger firms.
• C) international trade is protected against exchange risks.
• D) it reduces the need for insuring businesses against political risks.

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Definitions:

Marketing Mix

A blend of elements under a company's control designed to motivate purchases by consumers, often referred to as the product, price, location, and advertising.

Commercial

An advertisement broadcast on television or radio, designed to promote and sell a product or service to the public.

Hulu

A streaming service that offers a wide range of TV shows, movies, and original content across various devices.

Marketing Mix

The blend of product, price, place (distribution), and promotion strategies used by a business to market its products or services effectively.