Post Utme Nile University 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Nile University Commerce examination.

Post Utme Nile University 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_NILE_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering the launch of a new product in a foreign market. The company has conducted market research and has determined that the product will be successful in the target market. However, the company is concerned about the potential risks associated with exporting the product, including the risk of intellectual property theft and the risk of non-payment by the foreign buyer. What is the most appropriate course of action for the company?

Answer Options

A. Negotiate a contract with the foreign buyer that includes a payment guarantee
B. Use a third-party logistics provider to manage the export process
Correct Answer C. Implement a robust intellectual property protection strategy
D. Conduct further market research to better understand the risks and opportunities
Correct Answer
C
Correct Option:
Implement a robust intellectual property protection strategy

About This Question

This is Post Utme Nile University 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.

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