What Is the Most Profound Change for Firms at the Global

question 49

Multiple Choice

What is the most profound change for firms at the global marketing stage of internationalization?

• A) Planning involves production of goods outside the home market.
• B) Sales to foreign markets are made as and when goods become available.
• C) Temporary surpluses marketed in foreign markets is the only element of internationalization.
• D) Companies treat the world, along with home market, as one market.
• E) Production capacity exceeds domestic demand.

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Definitions:

Employee Salaries And Wages

Compensation paid to employees for their labor or services, typically expressed as a periodic payment such as hourly, weekly, or monthly.

Containers Refurbished

Used or old containers that have been restored or repaired to a usable condition.

Flexible Budget

A fiscal planning tool that varies with the levels of output or sales, designed to allocate resources more effectively.

Refurbishing Materials

Materials used in the process of renovating and restoring products or facilities to a like-new condition.