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 non-domestic markets,but will sell those products to distributors who 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 selling goods produced in one country to another country. This does not necessarily mean that the company does not sell its products in its own domestic market (option A) or that it manufactures products in several countries with different brand names and modifications (option C). Option D refers to an international licensing strategy, while option E refers to a form of outsourcing known as offshoring.

Exporting Refers to a Global Market-Entry Strategy