Merritt Corp. is interested in doing business internationally. They have already determined that there is international demand for their product. What should they do next?
A) Determine if the company has the skills necessary to do business abroad
B) Contact a local business to form a joint venture
C) Assess the business climate for reaction to foreign products
D) Determine if the product needs to be modified to fit the foreign market
E) Conduct market research to determine potential sales

Question

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The Answer of Merritt Corp. is interested in doing business internationally. They have already determined that there is international demand for their product. What should they do next?
A) Determine if the company has the skills necessary to do business abroad
B) Contact a local business to form a joint venture
C) Assess the business climate for reaction to foreign products
D) Determine if the product needs to be modified to fit the foreign market
E) Conduct market research to determine potential sales