Skaredykat Inc. is considering initial expansion beyond their home market. The firm has decided not to enter markets that differ greatly from their home market, instead expanding within the twelve-nation region that includes their home country.
A) The firm is not engaging in international trade.
B) The firm is using a regional approach to international expansion.
C) The firm will not be able understand the cultures, legal and social norms of this market.
D) Skaredykat is a scaredy-cat.
Correct Answer:
Verified
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