Internationalisation and Export Management / Customer Relationship Management / Export Management
The main activities of the WTO are:
multilateral negotiations for gradual liberalization of markets;
defining the basic legal rules for trade in the form of agreements;
resolving trade disputes between countries;
monitoring members' trade policies.
All answers are correct
How CRM benefits businesses:
Through having customer information such as past purchases and interaction history easily accessible can help customer support representatives provide better and faster customer service.
Through automation of denial, but necessary, sales funnel and customer support tasks.
Through the elongation period between purchases.
The main features of Export management are:
large scale operations, systematic process, three faced competition, trade barriers, domination of MNCs, domination of developed countries, foreign exchange regulation.
customs, traditions, and beliefs used to develop goods and services for the area.
dominating agriculture, unproductive expenditure, law of diminishing returns.
What is the underlying characteristic of the WTO?
It facilitates economic co-operation between different countries
It resolves disputes between economic trade blocks
It facilitates the development of less developed countries
It acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international trade
Does the WTO come with its own institutional framework?
No, the WTO depends on the relevant frameworks of national governments
No, the WTO provides certain institutional arrangements but only on an ad hoc basis
Yes, the WTO provides a certain institutional framework which changes depending on the nature of free trade agreements
Yes, the WTO provides a common institutional framework for the implementation of free trade agreements
Please introduce your name