When Assessing Internal Capabilities to Support Global Expansion,a Firm Will

question 123

Multiple Choice

When assessing internal capabilities to support global expansion,a firm will consider its:

• A) access to capital.
• B) current markets.
• C) manufacturing capacity.
• D) proprietary assets.
• E) all of these.

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Definitions:

Setting Standards

The process of establishing criteria or benchmarks that define expected levels of performance, quality, or conduct.

Corrective Action

Measures taken to fix a problem or nonconformity and to prevent its recurrence.

Controls

Mechanisms or regulations put in place to guide actions or processes towards desired outcomes in an organization.

Flexibility and Creativity

Flexibility and creativity are qualities that allow individuals or organizations to adapt to change and generate innovative solutions to problems.