An Exporter Is Able to Satisfy Foreign Demand for a Product

question 11

True/False

An exporter is able to satisfy foreign demand for a product while avoiding long-term investment in that foreign country, although this method is considered riskier than all other alternatives.

---

Definitions:

Leverage Items

Products or services critical to an organization's operations that can be used as a bargaining tool in negotiations.

Standard Specification

A detailed document that describes the essential technical requirements for purchased materials, products, or services.

Supplier Technology

The technical capabilities and innovations offered by a supplier that can impact the quality, delivery, and cost of their products or services.

Total Costs of Ownership (TCO)

An evaluation of the total expenses associated with purchasing, operating, and maintaining a product over its entire lifecycle.