Which of the Following Statements About Multinational Firms Is True

question 116

Multiple Choice

Which of the following statements about multinational firms is true?

• A) Multinationals typically do not change their methods of reaching their global markets if they are successful with their initial strategy.
• B) Multinationals are defined as companies heavily engaged in exporting and importing.
• C) All multinationals must enter the fourth stage of globalization before they are fully internationalized.
• D) Multinationals often develop their global businesses in stages.
• E) The five stages of globalization closely mirror the five stages of the product life cycle.

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The act of acknowledging someone's contribution or work, often for the purpose of assigning merit or recognition.

Employees

Individuals who work for a business or organization and typically receive compensation in the form of wages or salary.

Small Business Administration (SBA)

A U.S. government agency that provides support to entrepreneurs and small businesses.

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The total number of jobs created in an economy over a specific time frame, after accounting for job losses, showcasing the employment growth rate.