Old assumptions regarding global business assumptions for exporting include ________.
A)I am "too small" to go global and my product or service won't sell outside the U.S.
B)Exporting is too risky for my small company and my domestic market is currently secure.
C)Getting paid is difficult and this will impede my success.
D)All of the above

Question

Quizplus · Accepted Answer

All of the given assumptions are old, outdated and incorrect. With modern technology and resources such as online marketplaces and global shipping integrations, companies of all sizes can easily export and sell their products globally. While there may always be some level of risk and challenges involved in exporting, with proper planning and research, these can be minimized. Additionally, there are various methods of ensuring payment such as using a third-party service or requesting upfront payment which can help mitigate the risk of not receiving payment.

Old Assumptions Regarding Global Business Assumptions for Exporting Include ________