Which of the Following Is True of the First Two

question 38

Multiple Choice

Which of the following is true of the first two stages of international marketing involvement-no direct foreign marketing and infrequent foreign marketing?

• A) Firms may not begin internationalization at these stages
• B) They represent careful strategic thinking about international expansion
• C) They are more reactive in nature
• D) Firms cannot be at both the stages simultaneously
• E) They are sequential in the process of internationalization

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Definitions:

Barter System

An economic system where goods and services are exchanged directly for other goods and services without using money as a medium.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

Infrastructure

Basic systems of communication, transportation, and energy facilities in a country.

Political Climate

The overall mood, attitudes, feelings, and conditions that currently exist within a political system or societal structure.