ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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true
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false
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Either A or B
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None of the above
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Detailed explanation-1: -Trade missions are usually organized by national or provincial governments. They are used to explore potential international business opportunities and can help create networks of buyers, agents, suppliers and key government contacts in a specific country or region.
Detailed explanation-2: -Diversifying market opportunities so that if the domestic economy falters you can still sell your goods and services in other growing markets. Increase in sales volume.
Detailed explanation-3: -Bigger Consumer Market: International trade opens new markets for businesses to sell goods and services. This can lead to increased sales and revenue.
Detailed explanation-4: -Research the market for India’s exported products: Attend trade shows and export import seminars. Use online directories and search engines. Build a website with multiple country versions. Use social media to connect with foreign buyers: More items •30-Apr-2022