Which of the following is not a feature of born-global firms?
A. They succeed depending on how developed the areas are that the companies are moving into.
B. They indulge in significant international activity shortly after being established.
C. They employ strategies like unique-products development.
D. They export products to close markets.
Answer: D
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Limited liability of the owners means that the stockholders of a corporation share a personal liability for all debts of the corporation
a. True b. False Indicate whether the statement is true or false
If you are asked to summarize a discussion in class, you will likely use this delivery style
A) memorized B) manuscript C) extemporaneous D) impromptu
Firms with ____________________ levels of operating leverage experience greater variability in their return on assets
Fill in the blank(s) with correct word
Which of the following represents the correct journal entry to record a taxable cash sale of $880 if the sales tax rate is 5%?
A. A debit to cash for $880, a credit to sales tax payable for $44, and a credit to sales revenue for $836. B. A debit to cash for $924, a debit to sales tax expense for $44, and a credit to sales revenue for $880. C. A debit to cash for $924, a credit to sales tax payable for $44, and a credit to sales revenue for $880. D. None of these answer choices are correct.