Arrange the stages of internationalisation of firms operations in proper sequence from earlier to later…
As a firm expands its geographic footprint into international business, its operations typically evolve sequentially from earlier to later stages: first (C) purely Domestic…
Choose your answer
Arrange the stages of internationalisation of firms operations in proper sequence from earlier to later :
(A) Multinational operations
(B) Export operations
(C) Domestic operations
(D) Subsidiaries or Joint ventures
(E) Transnational operations
Answer and explanation
Correct answer B
As a firm expands its geographic footprint into international business, its operations typically evolve sequentially from earlier to later stages: first (C) purely Domestic operations, second (B) Export operations to foreign markets, third (D) establishing foreign Subsidiaries or Joint Ventures, fourth (A) Multinational operations across multiple countries, and finally (E) globally integrated Transnational operations.
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UGC NET HRM / Labour Welfare and Industrial Relations