Question

Unhappy with the speed with which the company's export initiative was going, the CEO called Mary Adams, the person in charge of exports at Ambient Products, to understand the reasons for the company's delay. Which of the following is a valid defense that Mary Adams can use?A. The U.S. government does not provide any help for exporters.
B. Novice exporters tend to overestimate the time required to cultivate business in foreign countries.
C. Exporters often face voluminous paperwork, complex formalities, and many potential delays and errors.
D. Small firms are usually familiar with foreign market opportunities.
E. Large firms do not consider exporting until their domestic market is saturated.

Answer 1

Answer:

Exporters often face voluminous paperwork, complex formalities and many potential delays and errors

Explanation:

A valid defense by Mary Adams for the delay in processing exports will be one that is a real challenge and is relevant to the inquiry being made.

Exporters normally deal with large volume of paperwork that shows details of exports, approvals, letters of credit, and other relevant information related to the transaction.

Apart from this access to foreign exchange, formalities of custom processes, and dealing with clearing agents wastes a lot of time.

A valid excuse for Mary to make will be: exporters often face voluminous paperwork, complex formalities and many potential delays and errors