What Is the Activity That Occurs in Stage I of International

question 14

Multiple Choice

What is the activity that occurs in Stage I of international development?

• A) The company invests in production facilities in key countries.
• B) The company exports, but trade is minor and handled by an export department.
• C) The company establishes its own export division with sales offices in other countries.
• D) The company operates in a global industry and establishes worldwide personnel, R&D, and financing strategies.
• E) The company establishes local operating divisions in host countries to better serve individual country markets.

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Definitions:

National Occupational Classification

A system used in Canada to categorize and describe occupations based on job duties and the work a person does.

Job Titles

Formal names or labels given to specific jobs within an organization, which often reflect the nature of the work and level of responsibility.

Job Descriptions

Detailed explanations of the responsibilities, duties, required qualifications, and reporting relationships of a specific job within an organization.

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in cost, quality, service, and speed