What Is the Activity That Occurs in the Last Stage

question 88

Multiple Choice

What is the activity that occurs in the last stage 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 human resources, R&D, and financing strategies thereby denationalizing its operations.
• E) The company establishes local operating divisions in host countries to better serve individual country markets.

---

Definitions:

Government Spending

Government spending involves expenditures by government bodies on public services, infrastructure, defense, social welfare, and more, impacting the economy’s overall fiscal stance.

Resource Availability

This refers to the accessibility and abundance of natural, human, and capital resources which can be used for production.

Pioneering Spirit

The attitude or approach characterized by innovation, taking risks, and trying new things, often in exploration or business.

Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.