Because of globalization, it is always better for a firm to quickly internationalize and take advantage of foreign opportunities than to focus on domestic issues first and ease into foreign markets.

Question

Quizplus · Accepted Answer

Globalization offers many opportunities, but it's not always better for a firm to quickly internationalize without considering its readiness, resources, and the complexities of foreign markets. A firm should assess its domestic strengths and address any issues before expanding internationally to ensure sustainable growth.

Because of Globalization, It Is Always Better for a Firm