Unhappy with the Speed with Which the Company's Export Initiative

question 76

Multiple Choice

Unhappy with the speed with which the company's export initiative was going,the CEO called Mary Adams,the person in charge of exports at Ambient Products,to understand the reasons for the company's delay.Which of the following is a valid defense that Mary Adams can use?

• A)The U.S.government does not provide any help for exporters.
• B)Novice exporters tend to overestimate the time required to cultivate business in foreign countries.
• C)Exporters often face voluminous paperwork,complex formalities,and many potential delays and errors.
• D)Small firms are usually familiar with foreign market opportunities.
• E)Large firms do not consider exporting until their domestic market is saturated.

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Definitions:

Duty of Performance

The duty of performance is an obligation in a contract that requires a party to fulfill the terms as agreed.

Reasonable Skill

The level of competence that a professional is expected to perform in a specific task, based on common standards in the field.

Legal Liability

The responsibility to bear the consequences under the law, often involving compensation for harm or damage.

Office Equipment

Machines and devices designed for use in an office environment, such as computers, printers, and telephones.