When Demand for a Small Business Is So High in a Foreign

question 37

Multiple Choice

When demand for a small business is so high in a foreign country that it justifies setting up a local branch,which of the following stages of internationalization is the small business at?

• A)Export management
• B)Passive exporting
• C)Production abroad
• D)None of the above

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Definitions:

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often leading to prejudice and discrimination against others.

Sexism

Discrimination based on gender, often resulting in the undermining of a person's abilities, contributions, or rights.

Narcotic Use

The consumption or administration of drugs that induce sleep or narcosis, often referred to in the context of substances that dull the senses and relieve pain, potentially leading to dependence.

Herbal Teas

Beverages made from the infusion or decoction of herbs, spices, or other plant materials in hot water, often consumed for their therapeutic effects.