The Traditional Firm

Multiple Choice

The traditional firm:

A) develops strategies needed to expand abroad at the time of the firm's founding.
B) begins with a "borderless" view of the world.
C) operates in the home country for many years and gradually evolves into international trade.
D) focuses on achieving superior performance in international business from the inception of the firm.
E) is defined as a business organization that, from inception, seeks to derive significant competitive advantage from the use of resources and the sale of outputs in multiple countries.