What Term Is Used for the Process in Which Firms

question 1

Multiple Choice

What term is used for the process in which firms initially use entry modes to allow them to maximise knowledge acquisition whilst minimising the exposure of their assets?

• A) Emergingisation
• B) Reactivity
• C) Staged international expansion
• D) Licensing

---

Definitions:

Account

Represents a specific financial record in bookkeeping that tracks the financial transactions of a particular aspect, such as expenses or revenues.

Asset

Resources owned by a company from which future economic benefits are expected to flow to the entity.

Recorded

The process of documenting financial transactions in accounting records.

Debit

A financial transaction that causes a rise in the assets or a fall in the liabilities of a corporation's balance sheet.