Which of the following is the usual way in which companies first enter foreign markets?
A) importing
B) offshoring
C) exporting
D) outsourcing
E) relocating

Question

Quizplus · Accepted Answer

Exporting is the usual way in which companies first enter foreign markets. This involves producing goods or services in the home country and then selling them in the foreign market. It is the least expensive and least risky way to enter a foreign market as it allows for testing the market with minimal investment.

Which of the Following Is the Usual Way in Which