Post Utme Lautech 2024 Commerce Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Lautech Commerce examination.

Post Utme Lautech 2024 Commerce Objective / Multiple Choice
Question 32 POST_UTME_LAUTECH • 2024 • COMMERCE • objective

A company is considering exporting its products to a foreign market. What are the main advantages and disadvantages of exporting?

Answer Options

A. Advantages: increased revenue, reduced competition; Disadvantages: higher costs, cultural differences
Correct Answer B. Advantages: increased revenue, reduced competition; Disadvantages: higher costs, cultural differences, and language barriers
C. Advantages: increased revenue, reduced competition; Disadvantages: higher costs, cultural differences, and language barriers, and political instability
D. Advantages: increased revenue, reduced competition; Disadvantages: higher costs, cultural differences, and language barriers, and political instability, and lack of market research
Correct Answer
B
Correct Option:
Advantages: increased revenue, reduced competition; Disadvantages: higher costs, cultural differences, and language barriers

About This Question

This is Post Utme Lautech 2024 Commerce Question 32. It is one of the objective questions from the 2024 Post Utme Lautech Commerce examination.

View More Post Utme Lautech 2024 Commerce Questions More Post Utme Lautech Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support