How can companies reduce the cost and delays involved in entering new international markets?
A) By selling items at a loss when determining international pricing
B) By redeveloping the product from scratch to better meet consumer needs in the new market
C) By avoiding the traditional U.S.-based marketing mix
D) By utilizing existing international distribution systems
E) By establishing new and unique promotions for the new market.

Question

Quizplus · Accepted Answer

Utilizing existing international distribution systems can save companies time and money in entering new international markets as compared to establishing new distribution systems from scratch. This can reduce the delays and costs involved in entering new markets.

How Can Companies Reduce the Cost and Delays Involved in Entering