Exporting Refers to a Global Market-Entry Strategy

question 295

Multiple Choice

Exporting refers to a global market-entry strategy

• A)in which a company will sell its products in international markets but not in its own domestic market.
• B)in which a company produces goods in one country and sells them in another country.
• C)in which a company will manufacture its product in several countries at the same time using different brand names and slight product modifications.
• D)in which a company will manufacture products specifically designed for non-domestic markets,but will sell those products to distributors who take title and resell the products to different companies around the world.
• E)whereby a product is made in one country,assembled in a second country,and ultimately marketed to a third country.

---

Definitions:

Business Activities

Various actions undertaken by companies as part of their operations, including production, marketing, and sales.

Personal Space

The physical space immediately surrounding someone, into which any encroachment feels uncomfortable or intrusive.

Study

The act of devoting time and attention to acquiring knowledge on a subject, through reading, observation, or research.

Culture

The shared characteristics, including language, religion, cuisine, social habits, music, and arts, which distinguish one group of people from another.