When a company sets up a sales branch in a foreign country,it is at what stage of the internationalization of the small entrepreneurial business?

Question

Quizplus · Accepted Answer

Setting up a sales branch in a foreign country indicates that the company has already engaged in exporting and possibly establishing joint ventures or licensing agreements in the foreign market (Stage 3), and is now moving towards direct investment and control over sales operations (Stage 4). Therefore stage 4 is the best choice.

When a Company Sets Up a Sales Branch in a Foreign