The Advantages of Using an Export Strategy to Build a Customer

question 15

Multiple Choice

The advantages of using an export strategy to build a customer base in foreign markets include

• A)being able to minimize shipping costs,avoid tariffs,and curb the effects of fluctuating exchange rates.
• B)minimizing capital requirements and involvement in foreign markets.
• C)being cheaper and more cost effective than licensing and franchising.
• D)being cheaper and more cost effective than a multicountry strategy.
• E)facilitating the establishment of profit sanctuaries in foreign countries and being more suited to accommodating local buyer tastes than a global strategy.

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Definitions:

Emitted Emissions

The pollutants released into the environment as a byproduct of economic activity, such as manufacturing or transportation.

Mercury

A heavy, silvery d-block element that is the only metallic element that is liquid at standard conditions for temperature and pressure.

Tradable Pollution Permits

A market-based approach to controlling pollution by offering a limited number of permits that allow the holder to emit a certain amount of pollutants, which can be bought and sold.

Municipal Sewage

Waste water and solids collected from a community, typically transported through a sewer system for treatment or disposal.