The Theory That a Company Will Begin by Exporting Its

question 112

Multiple Choice

The theory that a company will begin by exporting its products and later undertake foreign direct investment is referred to as the _______________ theory.

• A)eclectic life cycle
• B)market improvements life cycle
• C)international product life cycle
• D)market power life cycle

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Definitions:

Evolutionary Theory

A scientific theory that explains the diversity of life on Earth by means of natural selection, where organisms adapt to their environment over generations.

Modeling

A method of learning that involves observing and imitating others' behavior.

Cognitive Theories

Theories in psychology that explain human behavior and mental processes through the study of how people think, perceive, remember, and learn.

Behavioral Theorist

A scholar or researcher who studies and explains human behavior through various theories and models, focusing on observable behavior and its triggers.