Which of the following statements is true of a company that is in the second stage of developing a 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

In the second stage of developing a global business, a company typically sets up foreign subsidiaries to handle sales in one country, indicating an initial step towards international expansion.

Which of the Following Statements Is True of a Company