Lack of knowledge is one of the biggest impediments to a company becoming a successful exporter.

Name: Lack of knowledge is one of the biggest impediments to a company becoming a successful exporter.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

One big impediment to exporting is the simple lack of knowledge of the opportunities available. Often, there are many markets for a firm's product, but because they are in countries separated from the firm's home base by culture, language, distance, and time, the firm does not know of them.

Lack of Knowledge Is One of the Biggest Impediments to a Company