The stages model is best described as the stages of change in an organizational structure that ________.
A) link markets within cultural regions
B) identify the risks faced by firms that are globalizing
C) follow the evolution of the internationalization process
D) control the strategic decisions made by global managers

Question

Quizplus · Accepted Answer

The stages model is a framework that traces the evolution of the internationalization process of a firm, from the initial domestic operations to a fully globalized structure. It identifies the different stages that a firm goes through, such as export, foreign sales, strategic alliances, and direct investment, among others. The model helps managers understand and manage the complexities that arise as a firm expands globally.

The Stages Model Is Best Described as the Stages of Change