When Innovation at Siemens Enables the Company to Offer Solutions

question 6

Multiple Choice

When innovation at Siemens enables the company to offer solutions that can make the generation of hydroelectricity more environment-friendly, the company will want to reap the benefits of being the first to introduce such a product across countries. In this case, which of the following approaches is likely to be the best approach to entering foreign markets?

• A) the rifle approach
• B) the continuous approach
• C) the born global approach
• D) the sprinkler approach
• E) the waterfall approach

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Definitions:

Duty

A moral or legal obligation to ensure the well-being or safety of others, or to adhere to a standard of conduct.

Careful

Careful describes the act of being cautious, meticulous, or taking pains to avoid mistakes or accidents in one's actions or decisions.

First Nations

Indigenous peoples in Canada who are neither Inuit nor Métis, often recognized as the original inhabitants of the land.

Energy Transportation

The act or process of moving energy in various forms (e.g., electricity, oil, gas) from one location to another, often involving extensive distribution systems.