Question: Please help 1. There are many advantages to exporting, including: a) Always easier to compete with other firms located in the foreign market. b) Less

Please help

1. There are many advantages to exporting, including:

a) Always easier to compete with other firms located in the foreign market.

b) Less financial risk than other market entry strategies.

c) Gain experience and test a market before significantly expanding into the foreign market.

d) Easier to withdraw from a market if it does not meet the firms profit and/or sales expectations.

e) No supply chain asset investment is needed in the foreign market.

2. The World Bank developed the Logistics Performance Index (LPI) which includes several logistics and supply chain components. Which of the following is not one of the components of the LPI?

a) Ease of arranging competitively priced shipments.

b) Competence and quality of logistics services.

c) Efficiency of customs clearance.

d) Perfect order percentage.

e) Ability to track and trace shipments.

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!