A born global firm is defined as ________.
A) a consortium of firms that plan, finance, organize, manage, and implement all phases of a project and then hand it over to a foreign customer after training local personnel
B) a large global company that sells diverse and unrelated products
C) an intermediary that engages in import and export of a variety of commodities, products, and services
D) a young entrepreneurial company that initiates international business activity early in its evolution, moving rapidly into foreign markets
Correct Answer:
Verified
Q53: Which of the following stages of the
Q54: Delegating certain noncore functions to outside vendors
Q55: Which of the following is true with
Q56: SMEs usually choose _ as their main
Q57: Peter, a graduate student from Michigan, ordered
Q59: Which of the following is a downstream
Q60: Which of the following is true about
Q61: A(n) _ is an intermediary (often an
Q62: Dealing directly with foreign-based retailers is efficient
Q63: Trading companies play an important role in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents