Multiple Choice
What is a reason that firms take a reactive approach to exporting rather than a proactive approach?
A) Most firms are familiar with the foreign market opportunities and therefore do not need to utilize proactive approaches.
B) They are intimidated by the complexities and mechanics of exporting to countries where business practices, language, culture, legal systems, and currency are very different from the home market.
C) Most firms already know where the market potential and opportunities are and they do not need to be proactive.
D) They are not intimidated by the complexities and mechanics of exporting to foreign countries and can, therefore, use the same reactive approaches that work in their home market.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Which of the following statements is true
Q49: Ignorance of the potential opportunities is a
Q50: Why is there a problem of trust
Q51: Hiring an export management company (EMC) will
Q52: The bill of lading does not serve
Q54: _ is the direct exchange of goods
Q55: A draft used in international transactions<br>A) is
Q56: What type of firm is most likely
Q57: As a document of title, a _
Q58: _ are export specialists that offer a