In the context of entry modes,which of the following statements is true of the stage model?
A) It posits that firms move from foreign direct investment to licensing/franchising and finally to direct export.
B) It posits that small and medium-sized enterprises (SMEs) that do eventually internationalize will do so through a slow process.
C) It is a model followed by all born global firms.
D) It is a model that helps small and medium-sized enterprises (SMEs) decide the most appropriate mode of entry for internationalization.
Correct Answer:
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