According to the Focus on Entrepreneurship box in chapter 13,Dan Kelley,CEO of Tierra Dynamic Company,boosted international sales from zero to 25 percent of annual revenues.Of the following,what was most important in the international success of Tierra Dynamic Company?
A) Company executives waited for potential customers to seek out the company's products.
B) The company proactively went for the world.
C) The company relied on its reputation to bring success since it had been family-owned for years.
D) The company realized that international customers had the same needs as domestic customers.
E) The company avoided using outside sources of information and support since it had been successful on its own.
Correct Answer:
Verified
Q1: _ is characterized by the acquisition of
Q2: Of the following,which is NOT a proactive
Q3: A measure resulting from the combination of
Q4: The carrying out of the decision to
Q5: _ refers to the firm's position compared
Q7: What are the two ways firms can
Q8: _ is manifested later by rising profitability.
A)Effectiveness
B)Efficiency
C)Competitive
Q9: Firms with _ motivations go international because
Q10: International activities may enable the firm to
Q11: Research has shown that U.S.firms perceive Canada
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