Which of the Following Explains the Expansion of Born Global

question 74

Multiple Choice

Which of the following explains the expansion of born global firms despite the scarcity of financial, human, and tangible resources?

• A) the integration of world economies under globalization
• B) a concerted effort by developing nations for running a trade surplus
• C) product shortages and supply crunch resulting from import restrictions
• D) rising inflation in developing economies

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Definitions:

Competitiveness

The ability of a company or a nation to offer products and services that meet the quality standards of the local and global markets at prices that are competitive.

David Birch

An American economist noted for his research on job creation, small and medium enterprises, and entrepreneurial activity.

MIT Researcher

This describes an individual involved in conducting research at the Massachusetts Institute of Technology, a leading institution known for its scientific and technological research.

American Entrepreneurs

Individuals in the United States who start, organize, manage, and assume the risks of a business or enterprise.