US Businesses Are Increasingly Recognizing That International Markets Provide Enormous

question 98

Multiple Choice

U.S. businesses are increasingly recognizing that international markets provide enormous opportunities for growth and profit. ___________companies are entering international markets and quickly realizing as much as 70% of their sales outside the domestic market within two years.

• A) Joint venture
• B) Born global
• C) Internationally integrated
• D) Export
• E) Trading

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Definitions:

Performance Increases

Improvements in the efficiency, effectiveness, and quality of work or output by an individual or organization.

Goal Specificity

The extent to which goals are detailed, clear, and unambiguous, often linked to better performance due to its role in directing and motivating specific actions.

Mechanisms

The structures or processes that produce a particular outcome or effect.

Expectancy Theory

A psychological theory that describes the process by which individuals decide on behavioral options, based on their expectations of the reward's value and the likelihood their efforts will lead to expected performance.