Which of the following represents the correct sequence for the phase model of globalization?
A) exporting; wholly owned affiliates; cooperative contracts; strategic alliances
B) exporting; cooperative contracts; wholly owned affiliates; strategic alliances
C) exporting; cooperative contracts; strategic alliances; wholly owned affiliates
D) exporting; strategic alliances; cooperative contracts; wholly owned affiliates
E) home country sales; exporting; job ventures; strategic alliances, and direct investment

Question

Quizplus · Accepted Answer

The correct sequence for the phase model of globalization is exporting, cooperative contracts, strategic alliances, and wholly owned affiliates. This sequence represents the gradual development of a company's global presence, starting with exporting, then moving to more collaborative arrangements through cooperative contracts and strategic alliances, before finally committing to a wholly owned subsidiary in a foreign market. Option C represents this sequence in the correct order.

Which of the Following Represents the Correct Sequence for the Phase