A knowledge network is a network for transmitting information within an

organization that is based on formal organizational structure.

Ignorance of the potential opportunities is a huge barrier to exporting.

The Japanese sogo shosha have offices all over Japan, and companies wishing to

trade with Japan must go through them.

Exporters often face voluminous paperwork and complex formalities.

Proactive firms do not consider exporting until their domestic market is

saturated.Question $3(1$ point$)$: Choose the two $(2)$ correct statements. Question $3$ options: Exporting from a firm's home base is most appropriate when lower$-$cost locations for manufacturing the product can be found abroad. When determining the value of a foreign market, an international firm must consider both its products and the competition. A strategic commitment can be reversed by the top management at will. The choice of which international markets to enter should be driven by an assessment of absolute short$-$run growth and profit potential. Educating customers is an element of pioneering costs.