Which of the following is the primary advantage of exporting as a foreign market entry strategy?
A) No foreign currency risk is involved.
B) Exporting requires little knowledge of foreign markets.
C) Exporting is a relatively inexpensive way for a firm to become involved in foreign markets.
D) The exporting company's customers put up most of the capital needed to establish the export operation.
E) Exporting involves very little effort on the part of a firm.

Question

Quizplus · Accepted Answer

Exporting is a relatively low-risk and low-cost way for a firm to become involved in foreign markets. It allows companies to enter international markets without having to invest in production facilities, marketing campaigns, or distribution networks in foreign countries. This makes exporting an attractive option for small and medium-sized businesses that have limited resources but want to expand their customer base and increase their profits.

Which of the Following Is the Primary Advantage of Exporting