Which of the following companies is in the first stage of developing a global business?
A) The Footwear Corp.,which manufactures shoes and boots in a small town in Lucitona,sells its products to several countries around the world.
B) Laelle Inc.is based in Euphonia and has set up several subsidiaries to manage its business in another country
C) Fournotts Bros.,which is based in Datford,is opening a new line of business in a neighboring country.
D) Rues and West Inc.operated in Yucatan,is operating an entire line of business in another country.

Question

Quizplus · Accepted Answer

The first stage of developing a global business is exporting, where a company sells its products to other countries without establishing a physical presence there. The Footwear Corp. fits this description as it sells its products internationally from its original location.

Which of the Following Companies Is in the First Stage