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BMW aims to mitigate risks associated with economic downturns in its domestic market. Which strategy should they adopt? * 2 points A. Concentrating all sales
BMW aims to mitigate risks associated with economic downturns in its domestic market. Which strategy should they adopt? * 2 points A. Concentrating all sales efforts on the German market. B. Diversifying its market base by exporting to over 140 countries. C. Reducing production costs by lowering quality standards. D. Selling only premium vehicles to high-income customers globally. Toyota is concerned about exchange rate volatility when exporting to the United States. What strategy can help manage this risk? * 2 points A. Setting fixed prices in yen regardless of exchange rate fluctuations. B. Negotiating all contracts in Japanese yen only. C. Avoiding exports to markets with volatile currencies. D. Using hedging instruments to lock in exchange rates. Samsung Electronics wants to streamline its logistics for global exports. Which service should they utilize? * 2 points A. Conducting all logistics in-house to maintain control. B. Relying on standard postal services for international shipments. C. Relocating production facilities to every target market. D. Using freight forwarders to manage shipping and compliance
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