Born Global Is a Term Referring To

question 10

Multiple Choice

Born global is a term referring to:

• A) Establishing large firms with major international networks
• B) Entrepreneurial firms that attempt to internationalize from inception
• C) The newest generation of entrepreneurs
• D) Firms that focus on domestic issues first, then cautiously approach international opportunities.

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Definitions:

Threatened Regulation

When businesses or industries adjust their practices in anticipation of potential government regulations that could impact their operations.

Enlightened Self-interest

A philosophy or behavior motivated by understanding that one's own best interest is served by acting in the best interest of others or a community.

Societal Problems

Issues and challenges that affect individuals within a society broadly, often requiring collective efforts for resolution.

Social Responsibility Strategy

A company's approach or plan to contribute to societal goals, well-being, and sustainable development beyond its financial interests.