Which of the following is true of exporting? A. Many foreign customer

QUESTION

Which of the following is true of exporting?

A. Many foreign customers require face-to-face negotiations on their home turf.

B. Large firms tend to wait for the world to come to them, rather than going out into the world to seek opportunities.

C. Exporters have the advantage of reduced paperwork and fewer formalities.

D. Medium-sized and small firms are proactive about seeking opportunities for profitable exporting.

E. Firms that focus only on exporting often lose out on significant opportunities for growth and cost reduction.

ANSWER

A