Which statement about the internationalization process model, also known as the Uppsala model is correct?
A) The model suggests companies have to go through certain specified stages when developing their international business operations.
B) Commitments to higher degrees of involvement in a foreign market depend on the knowledge acquired by the firm up to that time.
C) The model was inspired by a study of USA companies expanding first to Canada, and then to countries further afield.
D) The model mainly applies to mature multinational enterprises.
Correct Answer:
Verified
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