One of the Major Advantages of Being Involved in Stage

question 43

Multiple Choice

One of the major advantages of being involved in Stage 5 (Production Abroad) of the stages of internationalization for small businesses is that it

• A)Allows the company to cut the costs of direct investment.
• B)Allows the company to avoid developing a globally integrated network.
• C)Allows the company to gain local advantages such as product adaptation or production effectiveness.
• D)Almost insures that the company will survive and prosper.

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Definitions:

Electrical Cords

Flexible cables used to connect electrical appliances and devices to the main power supply.

Preventing Injury

Measures and practices aimed at reducing the risk of harm or injury in various environments, including workplaces and sports.

Dietary Restrictions

Specific guidelines or limitations on what an individual can eat, often due to health concerns, religious beliefs, or personal choice.

Cigarette Smoking

The act of inhaling and exhaling the smoke produced by burning tobacco contained in cigarettes, which is harmful to health.