International Diversification Is a Strategy Through Which a Firm Expands

question 19

True/False

International diversification is a strategy through which a firm expands the sale of its goods or services across the borders of global regions and countries into a potentially large number of geographic locations of markets.Instead of entering one or just a few markets, the international diversification means that the firm enters multiple markets.

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Definitions:

Behavioural Component

Elements of behaviour that include actions and responses to stimuli or situations.

Physiological Component

The aspect of psychological processes and reactions that involves bodily functions and biological factors.

Achievement Motivation

A psychological drive or ambition for success and accomplishment in tasks, influencing one’s persistence, effort, and goal-setting behavior.

Elective Course

A class that students can choose to take as part of their curriculum, which is not required for their major or degree program.