Final answer:
Companies engaging in exporting can employ various resources such as a dedicated export team, cross-functional collaboration, training and skill development for employees, or outsourcing export activities to external entities.
Step-by-step explanation:
The question focuses on what resources a company will dedicate to the process of exporting. When a company decides to engage in exporting, it has several options for managing and supporting this aspect of its operations. These options include:
- A Dedicated Export Team, which implies that the company will have a specialized group of individuals who focus exclusively on export-related activities, managing the complexities involved in the export process.
- Cross-Functional Collaboration, meaning that export tasks and responsibilities are shared across different departments within the company, enabling the pooling of diverse skills and knowledge.
- Training and Skill Development, which involves investing in the workforce to enhance their understanding of export operations and regulations, as well as developing necessary skills for successful exporting.
- Outsourcing Export Activities, where a company may hire external firms or agencies specialized in handling export services, thereby leveraging their expertise without the need for internal resource allocation.
This list is not exhaustive but represents common strategies that companies may employ based on their size, export experience, and available resources.