All global new ventures share two common factors. One factor is that the company founders successfully develop and communicate the company's global vision. What is the other factor?
A)the bringing of a good or service to several different foreign markets at the same time
B)the use of local adaptation strategy
C)a mechanistic organizational culture
D)the ability to respond quickly and efficiently to any changes in the external environment

Question

All global new ventures share two common factors. One factor is that the company founders successfully develop and communicate the company's global vision. What is the other factor?
A)the bringing of a good or service to several different foreign markets at the same time  
B)the use of local adaptation strategy  
C)a mechanistic organizational culture  
D)the ability to respond quickly and efficiently to any changes in the external environment

Quizplus · Accepted Answer

Global new ventures typically bring a good or service to several different foreign markets simultaneously, leveraging their global vision to expand rapidly.

All Global New Ventures Share Two Common Factors