Given the added risks associated with doing business abroad,companies should
A)limit their foreign sales to less than 40% of total sales
B)limit their foreign assets to less than 30% of total assets
C)avoid foreign markets altogether unless they can earn a return in excess of the return they earn in their domestic market
D)not limit their foreign sales at all

Question

Quizplus · Accepted Answer

Limiting foreign sales or assets may result in missed opportunities for growth and profits. Instead, companies should assess the risks associated with entering foreign markets and implement strategies to manage those risks, such as conducting thorough market research, establishing strong partnerships with local companies, and having a plan for currency fluctuations. Companies can still achieve success in international markets while mitigating potential risks.

Given the Added Risks Associated with Doing Business Abroad,companies Should