Raymond Vernon States That the Classic Rationale for International Diversification

question 23

Multiple Choice

Raymond Vernon states that the classic rationale for international diversification is to:

• A) pre-emptively dominate world markets before foreign companies can establish dominance.
• B) avoid domestic governmental regulation.
• C) extend the product's life cycle.
• D) avoid international governmental regulation.

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Definitions:

Assimilation

The process by which individuals or groups adopt the culture and norms of the dominant or surrounding society, often losing former cultural traits.

Predictive Validity

The extent to which a score on a scale or test predicts future performance on relevant tasks or outcomes.

Big Five

A model that outlines five major dimensions of human personality: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Trait-Related Words

Vocabulary associated with or describing characteristic patterns of behavior, thought, and emotion identifiable in individuals.