Go RVing, a U.S. company, is looking to enter the market in Europe. The cheapest way for Go RVing to do so would be:
A) offshoring.
B) exporting.
C) a joint venture.
D) outsourcing.
E) contracting.

Question

Quizplus · Accepted Answer

Exporting would be the cheapest way for Go RVing to enter the market in Europe as it involves simply exporting products from the United States to Europe without the need for establishing a physical presence or investing in local operations. Other options like joint venture, outsourcing, and contracting involve additional overhead costs and investment in local operations, while offshoring may involve high labor costs and regulatory barriers.