Multiple Choice
Which of the following statements is TRUE about the firm-level consequences of market globalization?
A) The globalization of markets has narrowed down new business opportunities for internationalizing firms.
B) Globalization drives firms to relocate key value-adding activities to the most advantageous locations around the world.
C) A firm's value chain is not subject to internationalization.
D) Through offshoring, a firm relocates a major value-chain activity by establishing a factory or subsidiary in the home market.
Correct Answer:
Verified
Correct Answer:
Verified
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