Which of the following steps can increase a firm's probability of exporting successfully?
A)Avoid hiring EMCs to contain costs
B)Enter several markets simultaneously to hedge risk
C)Enter a foreign market on a small scale
D)Wait for export opportunities to come

Question

Quizplus · Accepted Answer

It often makes sense for an exporter to enter a foreign market on a small scale to reduce the costs of any subsequent failure.Most importantly,entering on a small scale provides the time and opportunity to learn about the foreign country before making significant capital commitments to that market.

Which of the Following Steps Can Increase a Firm's Probability