What Is Considered a Major Advantage of Exporting

question 43

Multiple Choice

What is considered a major advantage of exporting?

• A) The exporting firm receives high royalties.
• B) A local partner provides important local know-how.
• C) Savings are realized through economies of scale.
• D) Firms share development costs.

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Definitions:

Approach

A method or way of dealing with a problem or task.

Positive End State

A positive end state refers to the desired and beneficial outcome of a process, plan, or intervention, aimed at improving well-being or resolving a problem.

Cultural Considerations

Factors that recognize and respect the beliefs, languages, interpersonal styles, and behaviors of individuals shaped by their cultural background.

Acculturation and Enculturation

The processes through which individuals learn and adopt the cultural habits of another group (acculturation) and the cultural habits of their native group (enculturation), respectively.