What Is Meant by the Statement That International Projects Are

question 21

Multiple Choice

What is meant by the statement that international projects are often "strategic" in nature?

• A)Firms often undertake a small project in a foreign country to learn about the foreign country and market before making a larger commitment to that country and market.
• B)A foreign investment has to be part of a firm's larger business strategy.
• C)Firms often consider projects in other countries from a strategic or broad view rather than concentrating on the tactical or detailed aspects of the project.
• D)Firms that do not have a strategy before undertaking a project in a foreign market cannot be successful.

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