John and Sylvie recently opened a high-tech firm.From its inception the co-founders committed significant resources to the pursuit of business in various countries.John and Sylvie have created a company that can best be classified as a ________ company.
A)born global
B)greenfield franchise
C)venture capitalist
D)strategic international alliance
E)joint alliance

Question

Quizplus · Accepted Answer

The fact that John and Sylvie committed significant resources to pursue business in various countries from the inception of the company indicates that they had a global mindset from the beginning. This aligns with the characteristics of a born global company, which is a young firm that from its inception operates in an international context and rapidly engages in cross-border business. Greenfield franchise implies a company that establishes its own new operation in a foreign country. Venture capitalist refers to a form of financing, while strategic international alliance and joint alliance indicate partnerships between multiple companies.

John and Sylvie Recently Opened a High-Tech Firm