BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one is not advantage of exporting?
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low potential to provide firms with international experience
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low-cost strategy to gain economies of scale
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doesn’t need to have high resource commitment
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firms use exporting to expand their sales
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Explanation:
Detailed explanation-1: -Limited presence in foreign markets is not an advantage of exporting.
Detailed explanation-2: -The correct option is C Creation of monopoly power.
Detailed explanation-3: -Hence, the correct answer is option Limited presence in foreign markets.
Detailed explanation-4: -Advantages of exporting You could significantly expand your markets, leaving you less dependent on any single one. Greater production can lead to larger economies of scale and better margins. Your research and development budget could work harder as you can change existing products to suit new markets.
There is 1 question to complete.