Which of the Following Types of Companies Are More Likely

question 12

Multiple Choice

Which of the following types of companies are more likely to face challenges when they decide to enter the international market through the Internet?

• A)Large multinational firms that already have an existing global presence.
• B)Large multinationals firms that already have existing international operations.
• C)Smaller firms and firms new to international commerce.
• D)Small firms that already have an existing global presence.

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Definitions:

ADR

Alternative Dispute Resolution; a range of processes such as mediation and arbitration that resolve disputes outside of the court system.

Subcontractors

These are third-party businesses or individuals hired by a primary contractor to perform specific tasks as part of a larger project, operating under a separate contract.

Disputes

Conflicts or disagreements between parties that may involve legal action to resolve.

Early Neutral Evaluation (ENE)

A dispute resolution process where an unbiased third party assesses the strengths and weaknesses of each side's case early on.