What is a reason that firms take a reactive approach to exporting rather than a proactive approach quizlet?

Answer: D
Explanation: Exporters often face voluminous paperwork, complex formalities, and many potential delays and errors. According to a UN report on trade and development, a typical international trade transaction may involve 30 parties, 60 original documents, and 360 document copies, all of which have to be checked, transmitted, reentered into various information systems, processed, and filed.
Difficulty: 1 Easy
Topic: Overview of Importing and Exporting
Learning Objective: 16-01 Explain the promises and risks associated with exporting.
Bloom's: Understand
AACSB: Knowledge Application
Accessibility: Keyboard Navigation

Inhaltsverzeichnis Show

What is a reason that firms take a reactive approach to exporting rather than a proactive approach *?
What is true of reactive firms?
Which of these is the common pitfall of exporting quizlet?
Which of these is a common difficulty that traders face when exporting goods or services to other countries quizlet?

76) Packaging, which comes in all shapes, sizes, forms, and uses, can be divided into three different types
A) primary, secondary, and transit.
B) customer, retailer, and distributor.
C) primary, secondary, and tertiary.
D) first level, second level, and third level.

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What is a reason that firms take a reactive approach to exporting rather than a proactive approach *?

What is a reason that firms take a reactive approach to exporting rather than a proactive approach? They are intimidated by the complexities and mechanics of exporting to countries where business practices, language, culture, legal systems, and currency are very different from the home market.

What is true of reactive firms?

What is true of reactive firms? They consider exporting only after their domestic market is saturated.

Which of these is the common pitfall of exporting quizlet?

A) A common pitfall of exporting is a poor understanding of competitive conditions in the foreign market.

Which of these is a common difficulty that traders face when exporting goods or services to other countries quizlet?

Which of these is a common difficulty that traders face when exporting goods or services to other countries? Many customers require face-to-face negotiations on their home turf. a firm agrees to buy a certain amount of materials back from a country to which a sale is made.