In a diversification strategy for international expansion, a company would move ________.
A)rapidly into many foreign countries, and then gradually increase its presence in those countries
B)rapidly into a few foreign countries with many of its products and most of its resources
C)into one foreign country and fully expand its product lines in that country before moving to another country
D)quickly into a regional foreign market but build up its resources in only a few of the countries in the region

Question

Quizplus · Accepted Answer

Diversification strategy involves spreading out investments to reduce risks, which in the context of international expansion, translates to entering many foreign countries and then gradually increasing presence, to spread out the risk and capitalize on a wider market.

In a Diversification Strategy for International Expansion, a Company Would