An Early, Initial Stage of a Company Going International Is

question 4

Multiple Choice

An early, initial stage of a company going international is called 'global sourcing', which means ________.

• A)exporting its products to other countries
• B)cross-culturally training its managers
• C)hiring foreign brokers to represent the organisation's product line
• D)sending domestic employees on regular foreign business trips
• E)purchasing cheaper materials or labour from around the world

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Definitions:

Tribal Leaders

Chief or head figures of a tribe who are responsible for decision-making, governance, and maintaining the welfare of their tribal community.

Primary Cultivators

Individuals or groups who are directly involved in the growing and production of agricultural goods, playing a foundational role in the farming industry.

Portuguese Trading Posts

Outposts established by Portugal in the Age of Discovery, pivotal for trade, particularly in spices, gold, and slaves, across Africa, Asia, and South America.

Luxury Products

High-quality, often expensive, goods that are not essential but are desired for their status and pleasure they provide.