According to the Text, the Stages in the Evolution of a Multinational

question 30

Multiple Choice

According to the text, the stages in the evolution of a multinational enterprise are: 1) foreign trade,
2) agent in the other country, 3) __________, 4) branch or subsidiary, 5) _______, and 6) multinational enterprise.

• A) production facility; indigenous management
• B) representative office; foreign investment
• C) sales office; profit center
• D) franchising; foreign investment
• E) joint venture; regional office

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Definitions:

Extensive Decision Making

A thorough and detailed process of evaluating all options before making significant choices, typically involving substantial investment or risk.

Buying Decision

refers to the process or outcome when a consumer or organization chooses to purchase a product or service after considering various factors.

Low-involvement Products

Goods that require minimal thought and effort from the consumer before purchase due to their routine nature or low price.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.