What Is the Activity That Occurs in the Last Stage

question 88

Multiple Choice

What is the activity that occurs in the last stage of international development?

• A) The company invests in production facilities in key countries.
• B) The company exports, but trade is minor and handled by an export department.
• C) The company establishes its own export division with sales offices in other countries.
• D) The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies thereby denationalizing its operations.
• E) The company establishes local operating divisions in host countries to better serve individual country markets.

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Definitions:

Self-esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about personal value and competence.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, reflecting an understanding of oneself.

Narcissism

A personality trait characterized by an inflated sense of self-importance, a deep need for admiration, and a lack of empathy for others.

Mirror

An object with a reflective surface that returns an image of whatever stands in front of it, often used metaphorically to reflect ideas or qualities.