Question

Research has shown that exporting is essentially a developmental process that proceeds in different stages. Before a firm reaches stage 4, it must do one of the following activities:

A) explore the feasibility of exporting.
B) commit resources for exporting.
C) receive unsolicited export orders.
D) believe in attractiveness of exporting.
E) build confidence in firm's ability for exporting.

Answer 1

The different activities that a firm must do before reaching stage 4 in the exporting process include exploring feasibility, committing resources, receiving unsolicited orders, believing in attractiveness, and building confidence.

Step-by-step explanation:

In the process of exporting, there are different stages that a firm goes through before reaching stage 4. In order to reach stage 4, a firm must perform one of the following activities:

1. Explore the feasibility of exporting: This involves assessing whether exporting is a viable option for the firm.
2. Commit resources for exporting: The firm must allocate the necessary resources to support its export activities.
3. Receive unsolicited export orders: This means that the firm starts receiving export orders without actively seeking them.
4. Believe in the attractiveness of exporting: The firm must have a positive perception of the benefits and opportunities associated with exporting.
5. Build confidence in the firm's ability for exporting: The firm needs to develop the necessary capabilities and expertise to engage in exporting.