Besides opening up vast potential markets, 'Going global' gives a firm an opportunity to:
A)Stretch its resources and capabilities beyond sane limits
B)Make the most of its innate culture, strategy , resources, and capabilities, by expanding production and sales to the limit
C)Apply its products and unique business model in socialist countries
D)Travel the world looking for unique opportunities

Question

Quizplus · Accepted Answer

Going global allows a firm to expand production and sales to the limit by utilizing its innate culture, strategy, resources, and capabilities. However, stretching resources beyond sane limits is not a desirable option. Applying products and business model in socialist countries is a specific market entry strategy and not applicable in all cases. Traveling the world looking for unique opportunities is also not a comprehensive reason for going global.

Besides Opening Up Vast Potential Markets, 'Going Global' Gives a Firm