The firm becomes a full-fledged MNC in which stage of international development?
A) Stage 1
B) Stage 2
C) Stage 3
D) Stage 4
E) Stage 5

Question

Quizplus · Accepted Answer

According to the international development stages model, the firm becomes a full-fledged MNC in Stage 4, which is characterized by a significant amount of foreign investment, a global presence, and complex cross-border operations. It is in this stage that the company has developed a strong international business strategy and has established subsidiaries or affiliates in multiple countries.

The Firm Becomes a Full-Fledged MNC in Which Stage of International