The Lower Survival Rate of Foreign Companies in Comparison to Local

question 65

Multiple Choice

The lower survival rate of foreign companies in comparison to local firms for many years after they begin operations is known as ________.

• A)ethnocentric reaction
• B)polycentric reaction
• C)liability of foreignness
• D)most-favored-nation behavior

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Definitions:

T.J.Maxx

A subsidiary of TJX Companies, Inc., known for selling discounted brand-name clothing, footwear, and home goods.

B2B Organization

A business that primarily sells products or services to other businesses rather than to individual consumers.

Reseller

A reseller is an entity that purchases goods or services with the intention of selling them to others, rather than consuming or using them.

Request For Proposals

It is a document issued by a business or organization inviting suppliers or service providers to submit a proposal on a specific service or product requirement.