As you run an export unit for your company Helios to sell solar panels to foreig

Question

As you run an export unit for your company Helios to sell solar panels to foreign markets, you realize that one big obstacle that prevents many small to medium size companies from being proactive in exporting is

Multiple Choice

the foreign markets do not provide growth potential.

the export market is similar to the home market in terms of legal and business practices.

the complexities and mechanics of exporting to foreign countries are intimidating.

domestic regulations limit their ability to export profitably.

their managers do not wish to learn the expertise to do business in foreign countries.

Explanation / Answer

We know that one of the main obstacles for the small and medium-sized enterprises is that the complexities and mechanics of exporting to countries where business practices, languages, legal systems, and currency, etc are very different from the home countries.

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