All global new ventures share two common factors. One is that the company founders successfully develop and communicate the company's global vision from the start. The other is__________ .
A) the bringing of a good or service to several different foreign markets at the same time
B) the use of local adaptation strategy
C) a mechanistic organizational culture
D) the ability to respond quickly and efficiently to any changes in the external environment
E) the development of culturally-specific implementation policies

Question

Quizplus · Accepted Answer

A global new venture is an approach to global business in which new companies are founded with an active global strategy and have sales, employees, and financing in different countries.

All Global New Ventures Share Two Common Factors