Which of the following is the first stage of internationalization?
A) experimental involvement
B) domestic market focus
C) pre-internationalization
D) active involvement

Question

Quizplus · Accepted Answer

The first stage of internationalization is domestic market focus, where the company concentrates on its domestic market and tries to gain a strong foothold in it before venturing into foreign markets. Experimental involvement comes after pre-internationalization, where the company starts testing the waters in foreign markets without committing to them fully. Active involvement comes after experimental involvement, where the company starts making serious commitments to foreign markets.

Which of the Following Is the First Stage of Internationalization