Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market. This is the first time your company has gotten involved internationally, so you are being cautious and would initially like to spend the least amount of money as possible to get involved. What type of strategy are you going to use?
A) Contracting
B) Outsourcing
C) Exporting
D) Partnership
E) Offshoring

Question

Quizplus · Accepted Answer

Exporting involves selling products to another country, which is the most sensible choice in this scenario because it requires the least initial investment. Exporting doesn't necessitate establishing a foreign production facility or collaborating with another corporation. As a result, it will help the firm save money while also testing the waters of the Chinese market.

Your Company Is Interested in Producing and Marketing a Line