154k views
0 votes
Exporting offers small businesses opportunities to reduce their dependence on domestic sales and extend product lives.

True or false

1 Answer

1 vote

Answer:

True

Step-by-step explanation:

Exporting is selling goods to customers who reside outside the borders of the manufacturing country. When a small business exports, it expands its market to foreign countries. It means the business will be selling to both domestic and international markets.

Having an expanded market translates to many customers. The effect is a prolonged product life. A product will take a long time while going through the life cycles of growth and maturity. Many customers from different countries will sustain the demand for the product for a long time.

User Chris West
by
7.5k points