Question: an aggressive approach toward exporting. Your firm has built an attractive surplus from operations, and you are willing to invest this in a solid strategic

an aggressive approach toward exporting. Your firm has built an attractive surplus from operations, and you are willing to invest this in a solid strategic venture. While your product is in a strong domestic position, it does not depend on faddish sales nor does the market demand significant changes. Your underlying strategy will be built on finding new markets for the moment, not in developing new products.
One way for first-time exporters to identify the opportunities in exporting and to avoid many of the associated pitfalls is to
Multiple Choice
avoid the use of foreign distributors, who may not understand the exporter's business.
hire an export management company.
rely heavily on the in-house expertise that has proven to be the driver of the firm's previous success.
 an aggressive approach toward exporting. Your firm has built an attractive

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!