For a Long Time, ___________ Has Been the First Step

question 44

Multiple Choice

For a long time, ___________ has been the first step of internationalization for most firms while they were still relatively small.

• A) importing
• B) exporting
• C) franchising
• D) licensing

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Definitions:

Public Policy

The principles and proposals that guide the actions of governmental bodies to address public issues or problems.

Corporate Wealth Taxation

A form of tax imposed on the value of a corporation's assets, aimed at addressing wealth inequality and raising revenue from entities with significant resources.

Regulating Railroads

The process or policies by which governmental bodies set and enforce standards and laws affecting the railroad industry's operation and safety.