The Firm Becomes a Full-Fledged MNC in Which Stage of International

question 70

Multiple Choice

The firm becomes a full-fledged MNC in which stage of international development?

• A) Stage 1
• B) Stage 2
• C) Stage 3
• D) Stage 4
• E) Stage 5

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Definitions:

Functionalism

A theoretical framework in sociology that focuses on how the various parts of society contribute to the overall stability and functionality of the system.

Darwin

Charles Darwin, a 19th-century naturalist best known for his contributions to the science of evolution, proposing that species evolve over time through natural selection.

Evolutionary Theory

A scientific explanation of the diversity of life on Earth, stating that species change over time through processes like natural selection and genetic mutation.

Societies Change

The concept that societal structures, norms, and values evolve over time due to various factors.