Exporting refers to a global market entry strategy
A)in which a company will sell its products in international markets but not in its own domestic market.
B)in which a company produces goods in one country and sells them in another country.
C)in which a company will manufacture its product in several countries at the same time using different brand names and slight product modifications.
D)in which a company will manufacture products specifically designed for nondomestic markets, but will sell those products to distributors that take title and resell the products to different companies around the world.
E)whereby a product is made in one country, assembled in a second country, and ultimately marketed to a third country.

Question

Quizplus · Accepted Answer

Exporting refers to the strategy of producing goods in one country and selling them in another country. This allows companies to access new markets and generate additional revenue streams. The company retains control over production and marketing but operates in a foreign market.

Exporting Refers to a Global Market Entry Strategy