A Company Is in the Second Stage of Internationalization When

question 134

Multiple Choice

A company is in the second stage of internationalization when:

• A) the company moves some of its operations out of the home country.
• B) the company has production and assembly facilities in several countries and is part of strategic alliances with other international companies.
• C) the company's operations are highly decentralized, there is little allegiance to the country of origin, and its managers see themselves as citizens of the world.
• D) a firm expands into foreign markets but retains its production facilities in the home country.

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Definitions:

Behavioural Agent

An entity in software or computing that acts autonomously in an environment by responding to sensory inputs with actions that maximize its chance of achieving designated goals.

Managerial Agent

A person who makes decisions and acts on behalf of the owners of a company, typically within the framework of agency theory.

Change Agent

An individual or entity that initiates or facilitates change within an organization to achieve a desired goal.

Social Worker

A professional dedicated to helping individuals, families, groups, and communities enhance their well-being and address life's challenges and social injustices.