What Is a Born Global Firm? Explain One Strategic or Reactive

question 35

Essay

What is a born global firm? Explain one strategic or reactive reason why an SME might choose to start as a born global.

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Definitions:

Transformation

A thorough or dramatic change in form or appearance.

Performance Appraisals

The process by which an employee's job performance is evaluated and documented, often leading to feedback, development plans, and decisions regarding promotion or compensation.

Strategic Plans

Forward-looking documents or frameworks developed by organizations to outline their long-term goals and the strategies for achieving them.

Control Subsystem

A component of a management system designed to regulate the operation and ensure activities are aligned with objectives.