The Internationalization Process Has Four Stages

question 3

Multiple Choice

The internationalization process has four stages. In which stage does the company replace the export department with an international department?

• A) establishment of one or more sales subsidiaries
• B) no regular export activities
• C) export via independent representatives (agents)
• D) establishment of head offices abroad
• E) establishment of production facilities abroad

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Definitions:

Suppliers

Businesses or individuals that provide goods or services to another entity in a supply chain.

Good Policy

A set of principles or guidelines designed to achieve rational outcomes, often considered to be beneficial for the majority.

Bad Policy

Decision-making or guidelines that result in adverse outcomes or fail to achieve the intended objectives, often criticized for inefficiency or ineffectiveness.

Government Intervention

Actions taken by a government to influence or directly manage an economy, industry, or market, typically with the goal of correcting market failures or achieving social objectives.