Global Expansion

question 1

Multiple Choice

Global expansion:

• A) is feasible only for non-technology-based companies.
• B) can enable companies to increase their profitability and grow their profits more rapidly.
• C) has significantly decreased in the recent years as the industry barriers are now higher.
• D) does not involve selling existing products to new markets in different countries.
• E) is not feasible for service-based firms.

---

Definitions:

Lewin

A reference to Kurt Lewin, a pioneering psychologist known for his work in group dynamics, organizational development, and social change.

Racism

The belief in the superiority of one race over another, which often results in discrimination and prejudice towards people based on their race or ethnicity.

Community Psychology

A systems approach to psychological intervention that focuses on addressing issues of social injustice and power differentials in society, community development and empowerment, and clients strengths as opposed to symptomatology.

Interventions

Actions or processes of intervening, typically aimed at improving a situation or condition, often used in medical, educational, or social contexts.