An International Strategy Involves Taking Products First Produced for Their

question 69

True/False

An international strategy involves taking products first produced for their domestic market and selling them internationally with only minimal local customization.

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Definitions:

Beneficiary

An individual or group that receives benefits, advantages, or profits from something, for example, from a will, trust, or insurance policy.

Crowdfunding

A method of raising capital for projects or businesses through small amounts of money from a large number of people, typically via the Internet.

Social Media

Digital platforms that enable users to create and share content or participate in social networking.

Quiet Phase

An initial period in fundraising where organizations solicit private donations before a public campaign.