An international diversification strategy is one in which a firm:
A) expands into nearby markets.
B) expands into a potentially large number of geographic locations and markets.
C) expands into one or a few markets.
D) acquires a firm in a foreign country.

Question

Quizplus · Accepted Answer

An international diversification strategy involves expanding into a potentially large number of geographic locations and markets, rather than just nearby markets or one or a few markets. It may also involve acquiring a firm in a foreign country to gain access to its resources and capabilities. Therefore, choice B is the best answer.

An International Diversification Strategy Is One in Which a Firm