Without Exception, It Is Better for Entrepreneurs to Start the Internationalization

question 89

True/False

Without exception, it is better for entrepreneurs to start the internationalization process as soon after founding as possible to avoid the inertia of domestic orientation.

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Definitions:

Correlation

A statistical measure that identifies the extent to which two variables fluctuate together, indicating a possible relationship between them.

PDCA Cycle

A four-step management method used for the control and continuous improvement of processes and products, consisting of Plan, Do, Check, Act.

Experimentation

The process of conducting trials to explore hypotheses or understand phenomena through controlled variation of conditions.

Deming

Refers to W. Edwards Deming, a prominent figure in the field of quality management who introduced concepts such as the Plan-Do-Check-Act (PDCA) cycle.