Since the 1960s, US Firms Tended Not to Have an International

question 37

Multiple Choice

Since the 1960s, US firms tended not to have an international outlook because:

• A)the domestic market was large enough to ensure profits.
• B)international marketing was considered risky and complicated.
• C)the US had sufficient diversity of resources.
• D)All of these choices

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Definitions:

Fees

Charges levied for services provided or for access to facilities or resources, typically set by service providers or institutions.

Chaotic Startup

An early stage in a business characterized by disorder and unpredictability as it seeks to establish its operations.

Legal Aspects

Components related to laws and regulations that impact businesses and their operations.

Board of Advisors

A group of experienced individuals selected to provide strategic advice and guidance to the management of an organization.