Describe the four stages of business globalization. Why do most companies stop when they reach the third stage?
What will be an ideal response?
Multinationals often develop their global business in stages. In the first stage, companies operate in one country and sell into another. Second-stage multinationals set up foreign subsidiaries to handle business in one country. In the third stage they operate an entire line of business in another country. The fourth stage has evolved primarily due to the Internet. Generally, only high-tech companies can ever reach this stage. For these firms the executive suite is virtual
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Indicate whether the statement is true or false
Retained Earnings measures the cumulative excess of _____ for the life of a firm
a. dividends over net income b. net income over dividends c. assets over liabilities d. liabilities over shareholders' equity e. shareholders' equity over liabilities
Which of the following is a technique for highlighting?
A) Graphics. B) Bullets. C) Subheadings. D) All of the above.
Project audit areas include each of the following except
A) project guidelines and procedures. B) project implementation results. C) joint application development guidelines. D) project budget approvals.