What is the activity that occurs in the last stage of international development?
A) The company invests in production facilities in key countries.
B) The company exports, but trade is minor and handled by an export department.
C) The company establishes its own export division with sales offices in other countries.
D) The company operates in a global industry and establishes worldwide HR, R&D, and financing strategies thereby denationalizing its operations.
E) The company establishes local operating divisions in host countries to better serve individual country markets.

Question

Quizplus · Accepted Answer

The last stage of international development is characterized by the company operating in a global industry and establishing worldwide HR, R&D, and financing strategies, denationalizing its operations. Therefore, option D is the best choice. Options A, B, and E describe earlier stages of international development where the company is either exporting with a minor trade or establishing production facilities or local operating divisions. Option C refers to the company establishing its own export division with sales offices in other countries, which is a later stage but not the last stage of international development.

What Is the Activity That Occurs in the Last Stage