Which of the following are reasons that many firms engage in exporting?
A) Exports can allow the firm to meet customer requests for the firm to export.
B) Exports can help a company to remain price competitive in the home market.
C) Exports are the best way for gaining information about foreign markets and competition.
D) All of the above.
E) Two of A, B, and C.

Question

Quizplus · Accepted Answer

Option A is a reason for engaging in exporting as customers may request the products be exported. Option B is also a reason as exporting can help a company to remain price competitive in the home market. Option C is not entirely true as exporting cannot be deemed as the best way of gaining information about foreign markets and competition. Hence, options A and B are valid reasons for engaging in exports.

Which of the Following Are Reasons That Many Firms Engage