Which of the following is true with regard to born globals?
A)Born globals cater to a single, narrow market segment.
B)In their rush to get on the globalization bandwagon, born globals have categorically ignored domestic market opportunities.
C)Born globals operate in the international business arena right from their inception.
D)Born globals do not have foreign subsidiaries.

Question

Quizplus · Accepted Answer

Born globals are companies that operate in the international business arena right from their inception. They do not focus solely on their domestic market before expanding globally like traditional firms do. They have a global mindset and are willing to take risks and seize opportunities in foreign markets. Therefore, option C is the correct answer. Options A, B, and D are incorrect statements about born globals.

Which of the Following Is True with Regard to Born