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:

Truth Values

The valuation of a statement as either true or false within the framework of logic and mathematics.

Truth Table

A mathematical table used in logic to determine the validity of a proposition's truth values under various possible combinations of truth values for its components.

Antecedent

In logic, the first part of a conditional statement; the condition in "if-then" statements.

Truth Values

The valuation in logic that indicates whether statements are true or false.