What Is the Most Likely Reason That Firms Avoid Aggressively

question 57

Multiple Choice

What is the most likely reason that firms avoid aggressively seeking export opportunities?

• A)Exporting is an activity best left to large, resource-rich firms.
• B)Firms are unaware of opportunities in foreign markets.
• C)Foreign customers cannot easily communicate their needs.
• D)Firms are reluctant to adjust their established business practices.

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Definitions:

Journal Entry

An accounting transaction recorded in a company's financial records, which includes a description, the accounts affected, and the amounts debited and credited.

Credited

Recognized or recorded as an increase in assets or a decrease in liabilities in accounting records.

Accrued Expense

Expenses that have been incurred but not yet paid, representing liabilities for goods or services received but not yet invoiced.