International Diversification Is a Strategy Through Which a Firm Expands

question 35

True/False

International diversification is a strategy through which a firm expands the sale of its goods and services across borders of global regions and countries into a potentially large number of geographic locations of markets. Instead of entering one or a few markets, international diversification means that the firm enters multiple markets.

---

Definitions:

Nonverbal Signals

Communication that occurs without words, through body language, facial expressions, gestures, and other physical cues.

Layoffs

The act of temporarily or permanently removing employees from their positions, usually as a cost-saving measure in response to economic downturns or organizational restructuring.

Japanese Managers

Refers to managerial professionals in Japan, known for their emphasis on teamwork, consensus decision-making, and long-term employment relationships.

Nonverbal Cues

Forms of communication without words, such as facial expressions, body language, and gestures, that convey messages or emotions.