Which of the following is true with regard to the structural evolution model?
A) Typically, firms that start their internationalization at a higher level of involvement use this model.
B) Firms using this model do not export.
C) This model has become known as the stages model, resulting from Stopford's research on 187 U.S. multinational corporations.
D) All firms follow this model without exception.
C
You might also like to view...
Which of the following is an example of internal failure costs?
A) costs incurred for the evaluation of the quality of suppliers' processes B) costs incurred in the inspection at various stages of production C) cost incurred for the reworking of substandard products D) cost incurred as warranty expenses
Microsoft and Intel are two companies that illustrate the concept of "bargaining power of suppliers" in Porter's five forces model of industry competition
Indicate whether the statement is true or false