Which of the following statements is true of a company that is in the second stage of global business?
A)It maintains a virtual executive suite.
B)It sets up foreign subsidiaries to handle sales in one country.
C)It runs its business entirely through the Internet.
D)It bases its entire operations in its home country.

Question

Quizplus · Accepted Answer

A company in the second stage of global business begins to set up foreign subsidiaries to handle sales in one or more countries. Maintaining a virtual executive suite and running business entirely through the internet are more common in the earlier stages of global business. Basing the entire operations solely in the home country is not indicative of a company in the second stage of global business.

Which of the Following Statements Is True of a Company