Indicate the right sequence of the stages of internationalization : (i) Multinational Company (ii) Global Company (iii) Transnational Company (iv) International Company Codes :
(iv) (i) (ii) (iii)
A firm moving beyond its home market usually passes through domestic, international, multinational, global and transnational stages (Francis Cherunilam and Bartlett-Ghoshal).
An international company extends home-country operations abroad, mainly through exports, with an ethnocentric orientation. A multinational company sets up operations in several countries and adapts to each market (polycentric).
A global company treats the world as one market with standardised products for efficiency. A transnational company combines global efficiency with local responsiveness and worldwide learning, the most advanced stage.
So the sequence is International (iv), Multinational (i), Global (ii) and Transnational (iii).
Hence, (iv) (i) (ii) (iii).
Similar Questions
Globalization is the term used to describe process of removal of restriction on which one of the following ?
In the context of globalization, ‘Levitt Thesis’ means
Assertion (A) : The USA remains the world’s largest FDI recipient country.
Reason (R) : The global economic crisis of 2009, causes a reduction of global FDI flows took place to USA.
Select the correct code :
Codes :
Which of the following is not ensured to the consumer in the globalization ?
Assertion (A) : International business has grown in more recent years at a faster pace than global production.
Reason (R) : Growth through trade has increased, but growth through foreign direct investment has not.
Codes :
Important Questions from Globalization and its drivers
Match List I with List II.
List I (A.T. Kearney Globalization Index)
List II (Variables)
A.
Economic Integration I.
International Tourism and Travel B.
Personal Integration II.
Internet users
C.
Technological Integration
III.
Foreign Direct Investment
D.
Political Integration
IV.
Ratification and multilateral treaties
Choose the correct answer from the options given below:Globalization is the term used to describe process of removal of restriction on which one of the following ?
In the context of globalization, ‘Levitt Thesis’ means
Assertion (A) : The USA remains the world’s largest FDI recipient country.
Reason (R) : The global economic crisis of 2009, causes a reduction of global FDI flows took place to USA.
Select the correct code :
Codes :
Which of the following is not ensured to the consumer in the globalization ?
