Which of the following is true of exporting?
A) It is the most complex way to enter a foreign market.
B) It involves the association of companies with host country partners.
C) It typically requires products to be extensively modified for the foreign market.
D) It involves the least change in a company's product lines.
E) It involves a huge investment if done through independent international distributors.

Question

Quizplus · Accepted Answer

Exporting involves selling goods or services produced by one country to another country. It is the least complex way to enter a foreign market as it requires the least amount of investment and involves minimal changes to a company's product lines. There may be some modifications needed to comply with regulations or cultural differences, but overall the products remain the same. Importantly, exporting does not require the association of companies with host country partners or independent international distributors.

Which of the Following Is True of Exporting