Which of the Following Is NOT One of the 5

question 18

Multiple Choice

Which of the following is NOT one of the 5 strategies for entrepreneurial SMEs to internationalize without leaving their home country?

• A) Become suppliers for foreign firms
• B) Export indirectly
• C) Outsource administrative work
• D) Harvest and exit through sell-offs

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Definitions:

Culture Shapes

The process by which cultural beliefs, values, norms, and practices influence and mold individual behaviors, attitudes, and perceptions.

Psychodynamic

An approach in psychology that emphasizes systematic study of the psychological forces underlying human behavior, feelings, and emotions and how they might relate to early experience.

Social Norms

Implicit or explicit rules that a group has for the acceptable behaviors, values, and beliefs of its members.

Formal Education

The structured educational system comprising schools, colleges, and universities where learning is facilitated by trained teachers.