Which of the Following Is an Internal Factor That Affects

question 71

Multiple Choice

Which of the following is an internal factor that affects the choice of international entry mode for a company?

• A)potential of local market
• B)knowledge of local market
• C)industrial globalization
• D)global experience of firm and managers

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Definitions:

Units of Butter

A measurement used to quantify butter, typically in pounds or kilograms, often used as an example in economic theories to explain concepts like trade-offs and opportunity costs.

Opportunity Cost

Failing to capitalize on potential gains from other alternatives when making a singular choice.

Consumer Goods

Products and services that are consumed by individuals or households for personal satisfaction and daily use.

Capital Goods

Physical assets utilized by businesses to produce goods and services, such as buildings, machinery, and equipment.