All of the following are true of exporting: it involves the least change in a company's product lines, it involves the association of companies with host country partners.
Companies are organizations that provide goods or services to customers. They are typically established by a group of people who have a common purpose and vision for the business. Companies are generally organized in a hierarchical structure and each individual or group within the organization is responsible for a specific area of work and has a certain level of authority. Companies can be publicly traded, privately held, or owned by a combination of shareholders. The size and scope of companies can vary greatly, from small family-owned businesses to large multinational corporations. Companies are an important part of the economy, providing jobs, goods and services, and generating revenue. Companies are also an important part of society, contributing to social and economic development, and helping to drive innovation.
All of the following are true of exporting: it involves the least change in a company's product lines, it involves the association of companies with host country partners, it typically requires products to be extensively modified for the foreign market, it is the most complex way to enter a foreign market, and it involves a huge investment if done through independent international distributors.
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