According to Your Text,____ Are Small Technology-Based Firms Operating in International

question 78

Multiple Choice

According to your text,____ are small technology-based firms operating in international markets within two years of their establishment and realizing as much as 70 percent of their sales outside the domestic home market.

• A)"natural globals"
• B)"multinational corporations"
• C)"born globals"
• D)"born multinationals"
• E)"multinational enterprises"

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Definitions:

Directive

An authoritative instruction or official order given by a person or body with power.

Corporate Level

Pertains to high-level strategic decisions and policies that affect the entire organization, rather than specific divisions or operational issues.

Strategic Business Unit

A semi-autonomous division or unit within a company that focuses on a specific market or product line, with its own strategy and objectives.

Board of Directors

A group of individuals elected to represent shareholders and govern the activities of a corporation.