The phase model of globalization means that companies made the transition from a domestic company to a global company in three sequential phases. The three phases are exporting, followed by wholly owned subsidiaries, and finishing with strategic alliances.

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The phase model of globalization means that companies made the transition from a domestic company to a global company in four sequential phases: exporting, followed by cooperative contracts, moving next to strategic alliances, and finishing with wholly-owned affiliates.

The Phase Model of Globalization Means That Companies Made the Transition