Which of the following statements is true of a company that is in the second stage of global business?

Which of the following statements is true of a company that is in the second stage of global business?



a. ​It sets up foreign subsidiaries to handle sales in one country.

b. ​It has its entire operations in its home country.

c. ​It maintains a virtual executive suite.

d. ​It runs business entirely through the Internet.



Answer: a. ​It sets up foreign subsidiaries to handle sales in one country.


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