List and Briefly Describe the Main Strategy Options for Small

question 45

Essay

List and briefly describe the main strategy options for small firms that decide to go global.

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Definitions:

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise rather than by intrinsic factors like personal satisfaction or enjoyment of the task itself.

Activity Directed

Focused or oriented towards specific actions or tasks.

Human Growth

The physical, psychological, and emotional development of humans from birth to the end of life.

Maslow

Refers to Abraham Maslow, an American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.