What Is the Most Advanced Stage in Multinationalization of a Company

question 22

Multiple Choice

What is the most advanced stage in multinationalization of a company?

• A)licensing its brand names to foreign firms
• B)establishing foreign manufacturing facilities
• C)establishing sales organizations abroad
• D)exporting the organization's products to foreign countries
• E)multinationalizing ownership of the corporate stock

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by a country in a given year in constant prices.

Percentage Change

A mathematical calculation that shows how much something changes in value as a proportion of its initial value.

International Trade

The exchange of goods and services between countries, allowing for specialization and economies of scale.

Specialization

In economics, it refers to the process by which individuals, businesses, or countries focus on producing a narrow range of goods or services to gain greater efficiencies and improve competitive advantage.