Which of the Following Best Describes the Concept of Serendipity

question 52

Multiple Choice

Which of the following best describes the concept of serendipity in exporting?

• A) modifying products to meet cultural preferences
• B) initiating global sales through e-commerce methods
• C) relying too much on exports when domestic sales suddenly increase
• D) opportunistically responding to unsolicited orders from foreign customers

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Definitions:

Nonsystematic Variance

The portion of an investment's total variance that is specific to the investment itself, not related to the overall market movements, and can be reduced by diversification.

Market Index

A statistical measure that represents the value of a section of the stock market, compiled from the prices of selected stocks to gauge market trends or portfolio performance.

Active Portfolio

An investment portfolio that is actively managed with the goal of achieving returns that outperform a specific benchmark or market index.