Which of the following is the typical first step for a company that is going global?
A) licensing
B) direct exporting
C) inshoring
D) outsourcing

Question

Quizplus · Accepted Answer

Direct exporting is the typical first step for a company that is going global as it involves the least amount of risk and investment. This involves selling products directly to foreign customers or through intermediaries such as distributors or agents. Licensing, inshoring, and outsourcing may come at a later stage in the global expansion process.

Which of the Following Is the Typical First Step for a Company