Luis Is a Partner in a Firm That Specializes in Producing

question 239

Multiple Choice

Luis is a partner in a firm that specializes in producing vitamins and health food products. While the business is considered small by U.S. standards, he is attempting to persuade his partner to expand internationally. Luis would list which of the following as an advantage of going international?

• A)Exporting can help sell excess inventory
• B)Marketing programs benefit from the cultural similarities in prospective markets
• C)Financing can easily be obtained to expand internationally
• D)Selling your products in other markets reduces their life cycle, making them more attractive

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Definitions:

Sixteen Years

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Looking for Work

The activity of actively seeking employment by individuals who are unemployed or seeking better employment.

Employment Rate

The percentage of the labor force that is employed, often used as a measure of economic health and labor market strength.

Government Officials

Individuals who hold positions of authority in governmental organizations and are responsible for making and implementing policy decisions.