Which of the following conforms to the notion put forward by the school of thought associated with stage models?
A) Firms will enter culturally distant countries during their first stage of internationalization.
B) Considerations of strategic goals are more important than cultural/institutional considerations.
C) Natural resource-seeking firms have compelling reasons to enter culturally and institutionally distant countries.
D) Firms enter culturally distant countries in later stages when they may gain more confidence.

Question

Which of the following conforms to the notion put forward by the school of thought associated with stage models? 
A) Firms will enter culturally distant countries during their first stage of internationalization. 
B) Considerations of strategic goals are more important than cultural/institutional considerations. 
C) Natural resource-seeking firms have compelling reasons to enter culturally and institutionally distant countries. 
D) Firms enter culturally distant countries in later stages when they may gain more confidence.

Quizplus · Accepted Answer

The stage model suggests that firms begin by entering familiar, geographically proximate markets before gradually expanding to more distant and culturally different markets. Therefore, firms would enter culturally distant countries in later stages when they have gained more confidence and experience in international markets.

Which of the Following Conforms to the Notion Put Forward