Which of the Following Is True Regarding the Stages of International

question 65

Multiple Choice

Which of the following is true regarding the stages of international marketing involvement?

• A) A firm essentially progresses through the stages in a linear order.
• B) The international marketing stage is a direct result of temporary surpluses caused by variations in production levels or demand.
• C) A larger home market with a smaller production base favors internationalization.
• D) A firm may be in more than one stage simultaneously.
• E) At the global marketing level, a firm focuses on market segmentation based on geographical borders.

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Definitions:

Bill of Material

A comprehensive list of raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture a product.

Explosion

A rapid increase in volume and release of energy in an extreme manner, often with the generation of high temperatures and the release of gases.

Technical Drawing

A detailed, precise diagram or plan that shows the specifications, dimensions, and materials of an object or structure.

Master Production Schedule

A plan for individual commodities to be produced in each time period, serving as a connection between production and sales.