All global new ventures share two common factors. One is the bringing of a good or service to several different foreign markets at the same time. The other is __________.
A) the development of culturally-specific implementation policies
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) none of these

Question

Quizplus · Accepted Answer

The other characteristic of a global new venture is that it is conceived by its founders, who articulate its global mission, as a global company from the start.

All Global New Ventures Share Two Common Factors