________ is the process by which a firm gradually changes in response to global competition; domestic market saturation; and the desire for expansion, new markets, and diversification.
A)Segmentation
B)Integration
C)Segregation
D)Internationalization

Question

Quizplus · Accepted Answer

Internationalization is the process in which a firm gradually changes in response to global competition, domestic market saturation, and the desire for expansion, new markets, and diversification. This process involves extending a firm's products or services to international markets, investing in new markets, and possibly relocating operations to other countries. It is a key strategy for firms that want to remain competitive and grow in today's global business environment. Segmentation, integration, and segregation are not directly related to this process.

________ Is the Process by Which a Firm Gradually Changes