Which of the Following Is Not Mentioned in the Text

question 58

Multiple Choice

Which of the following is not mentioned in the text as a theory of international business?

• A) theory of comparative advantage
• B) imperfect markets theory
• C) product cycle theory
• D) All of these are mentioned in the text as theories of international business.

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Definitions:

Unrelated Diversification

A corporate strategy where a company expands into areas or industries that are not related to its current business or products.

New Businesses

Enterprises that have been recently established and are in the early stages of operation.

Concentration Strategy

A strategy in which a company focuses its resources on entering or expanding in a narrow market or industry segment.

Expansion

The process of increasing the size, scope, or scale of operations of a business or organization, often into new markets or areas.