In the Process of Internationalization, Which Model States That Firms

Multiple Choice

In the process of internationalization, which model states that firms must enter culturally and institutionally close markets first, spend enough time there to accumulate overseas experience, and then gradually move from exports to more sophisticated strategies?

A) ​The stage model.
B) ​The born-global model.
C) ​The experiential model.
D) ​The leveraged model.