The five tiers of internationalization in MNCs:
A. state a common method to enter foreign market in five stages.
B. represent alternate ways to extend business activity into foreign markets.
C. explain a common method to enter the domestic market in stages.
D. represent ways to expand business in the domestic market.
Answer: B. represent alternate ways to extend business activity into foreign markets.
Business
You might also like to view...
Which of the following concepts is important in the determination of a company's relevant product market?
A) advertising budget B) retail sales tax rate C) cross-elasticity of demand D) government spending projections
Business
The value-at-risk method for estimating a bank's risk exposure measures the losses a bank could incur under a worst-case scenario
Indicate whether the statement is true or false
Business