The process by which firms increase their awareness of the influence of international activities on their future and establish and conduct transactions with firms from other countries is referring to?
A) Globalization
B) Internationalization
C) Environment
D) host country challenges

Question

Quizplus · Accepted Answer

The process described in the question is internationalization, which involves firms expanding their business activities to other countries.

Option A, globalization, refers to the interconnectedness of countries and the integration of economies across national borders.

Option C, environment, does not relate to the process of internationalization.

Option D, host country challenges, may be a part of the internationalization process, but it does not encompass the entire process.

The Process by Which Firms Increase Their Awareness of the Influence