What is the usual way in which companies first enter foreign markets?
A) importing
B) offshoring
C) exporting
D) outsourcing
E) relocating

Question

Quizplus · Accepted Answer

The usual way in which companies first enter foreign markets is through exporting, meaning selling goods or services produced in one country to another country. Exporting allows companies to enter a foreign market without making significant investments in production facilities. It is also a way to test the waters and gain more knowledge about the foreign market before considering other options such as investing in local production or setting up a subsidiary in the foreign market.

What Is the Usual Way in Which Companies First Enter