Explain Why It Is Especially Critical for a Firm to Select

question 59

Essay

Explain why it is especially critical for a firm to select the most appropriate market for its product or service during the primary stage of internationalization. What are the negative consequences of making a poor market selection for firms planning to globalize through FDI?

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Definitions:

Agreement

An agreement or compact formed between two independent nations.

Litigation File

A compiled set of documents and records associated with a legal case.

Civil Trial

A legal proceeding where parties in dispute seek a resolution in a court of law without involving criminal charges.

Evidence

Anything that is used to prove the existence or nonexistence of a fact.