The biggest barrier facing companies that have never exported is ________.
A)finding the financing to launch an export program
B)not knowing where or how to start
C)locating a trade intermediary to represent them in foreign markets
D)winning government approval to begin selling in foreign markets

Question

Quizplus · Accepted Answer

Companies that have never exported may not know where or how to start. They may lack knowledge about export regulations, finding buyers in foreign markets, and adapting their products and marketing to appeal to foreign customers. While financing, finding a trade intermediary, and winning government approval are also potential barriers, they are not necessarily the biggest obstacles for first-time exporters.

The Biggest Barrier Facing Companies That Have Never Exported Is