Some Firms Utilize the Entry Mode That Best Serves to Minimize

question 2

Multiple Choice

Some firms utilize the entry mode that best serves to minimize risk when expanding into a new foreign market. Such firms are said to be following the _________________ rule in the selection of an entry mode:

• A) Naïve
• B) Pragmatic
• C) Strategy
• D) Repetitive

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Definitions:

Cause and Effect

The relationship between events where one is the result of the other or others, a fundamental concept in identifying reasons behind certain outcomes.

Helicopter Parents

Describes parents who take an overly protective or excessive interest in the life of their child or children, often intruding in decisions and experiences best handled autonomously by the child.

Decision-making Skills

The ability to select between two or more alternatives to reach the best outcome in the shortest time.

Monitoring Behavior

Observing and checking the progress or quality of (someone's or something's) actions over a period of time.