ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Licensing
|
|
|
Importing
|
|
|
Exporting
|
|
|
Logistics
|
Detailed explanation-1: -What Is an Import? An import is a good or service bought in one country that was produced in another. Imports and exports are the components of international trade. If the value of a country’s imports exceeds the value of its exports, the country has a negative balance of trade, also known as a trade deficit.
Detailed explanation-2: -The correct option is A. Import. The purchase of goods from a foreign country is called import. Suggest Corrections.
Detailed explanation-3: -Importing is also known as global sourcing. refers to buying goods and services from foreign sources and bringing them back into the home country. Importing is also known as global sourcing, which will be examined in depth in Section 9.4 “Managing Export and Import".
Detailed explanation-4: -Decide the country. Different countries have different export/import regulations. Search for suppliers. Search the duty and taxes. Find a reliable freight forwarder and customs broker. Ship the goods on time. 23-Jan-2012
Detailed explanation-5: -Industrial and consumer goods. Intermediate goods and services.