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Direction: Read the following text and answer the questions that follow.
Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.
Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.
  • a)
    Improving promotion strategy
  • b)
    Improving productivity
  • c)
    Opening more retail outlets in the country
  • d)
    Exporting the goods
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Direction: Read the following text and answer the questions that foll...
Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.
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Direction: Read the following text and answer the questions that foll...


Exporting the goods

Exporting goods to foreign countries is the means through which Kalakriti Industries can extend its market territory beyond the nation's boundaries. This strategy involves selling goods to customers in other countries, thereby expanding the company's reach and potential customer base.

- Increased Revenue: By exporting goods to foreign countries, Kalakriti Industries can tap into new markets and potentially increase its revenue significantly. This can help the company achieve its objective of increasing revenue from ₹ 50 crores to 100 crores within the desired timeframe.

- Market Diversification: Exporting goods allows the company to diversify its market presence and reduce its dependence on the domestic market. This can help mitigate risks associated with fluctuating domestic demand and economic conditions.

- Competitive Advantage: By offering exclusive stationery items imported from Japan, Kalakriti Industries can differentiate itself from competitors and attract customers looking for unique products. This can give the company a competitive advantage in the international market.

- Growth Opportunities: Venturing into international business opens up new growth opportunities for Kalakriti Industries. It allows the company to explore untapped markets, establish partnerships with foreign distributors, and expand its brand presence globally.

In conclusion, exporting goods is a strategic move that can help Kalakriti Industries achieve its objective of extending its market territory beyond the nation's boundaries and drive growth and success in the international market.
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Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer?
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Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the questions that follow.Kalakriti Industries is a company manufacturing stationery items. The company has set its objective of increasing revenue from ₹ 50 crores to 100 crores within 2 years. Unfortunately with the saturating domestic demand, underutilization of production capacity, etc. their objectives could not be achieved even after 3 years. In a long discussion in the meeting with all the managers, the company discussed the scope of international business and reached the decision to extend its market territory beyond the nation’s boundaries by selling goods to foreign countries. For this, the company decided to import exclusive stationery items from Japan. After identifying a suitable exporter, Kalakriti Industries sent a written request to the exporter to provide information regarding price, terms and conditions, etc. on which basis the exporter will be able to supply goods.Q. ................. to extend its market territory beyond the nation’s boundaries.’ Identify the means through which the company can do so in light of the given case.a)Improving promotion strategyb)Improving productivityc)Opening more retail outlets in the countryd)Exporting the goodsCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
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