Which of the Following Is the First Stage of the Internationalization

question 140

Multiple Choice

Which of the following is the first stage of the internationalization process that can induce firms to enter the international arena?

• A) no regular export activities
• B) export via independent representatives (agents)
• C) establishment of one or more sales subsidiaries
• D) establishment of production facilities abroad
• E) adoption of a flexible exchange rate regime

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Definitions:

Prime Minister

Refers to the head of government in many countries, typically the leader of the majority party in the legislature, who oversees the administration of government policies.

George Grenville

A British Whig statesman who served as Prime Minister of Great Britain from 1763 to 1765, known for his role in passing the Stamp Act, which contributed to the American Revolution.

North American Colonies

The North American Colonies refer to the territories in North America that were colonized by European powers from the 16th century, leading to the formation of countries like the United States and Canada.

Native Americans

Refers to the indigenous peoples of the Americas, present before the arrival of European explorers and settlers.