In the Process of Internationalization, Which Model States That Firms

question 9

Multiple Choice

In the process of internationalization, which model states that firms must enter culturally and institutionally close markets first, spend enough time there to accumulate overseas experience, and then gradually move from exports to more sophisticated strategies?

• A)​The stage model.
• B)​The born-global model.
• C) ​The experiential model.
• D) ​The leveraged model.

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Definitions:

Managers Treat

Involves the actions and decisions made by managers to address and handle various situations, issues, or employee needs within an organization.

Incident

An event or occurrence, especially one that is unexpected or disrupts normal operations or procedures.

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behaviors.

National Culture

The set of values, beliefs, behaviors, customs, and attitudes that characterize a society or country.