Stages of Internationalisation

·                     The strategies to conduct the business are derived mostly from the primary market which is the local domestic market.

• Multinational Companies

• International Companies

• Transnational Companies

• Global Companies

Companies are influenced by the trading norms of both the home country and host countries.

• International companies

• Multinational Companies

• Transnational companies

• Global companies

These companies maintains a centralized office located in its home country, which coordinates the management of all its other offices

• Global Companies

• International Companies

• Multinational Companies

• Domestic companies

These companies are decentralized in nature

• Global companies

• International companies

• Transnational companies

• Multinational companies

The strategies to conduct the business are derived mostly from the operating zone by understanding and adapting to the local culture and demand of each country.

• Multinational companies

• Transnational companies

• Global companies

• Domestic companies

The subsidiary offices of these companies can make the decisions for driving the business but the same product(s) are offered in every country, regardless of local culture, tastes and demand.

• Global company

• Multinational company

• Transnational company

• Domestic companies

Answer explanation

Indicate the stages of internationalization

• Domestic

  International

  Transnational

  Global

  Multinational

• Domestic

  International

  Multinational

  Global

  Transnational

• Domestic

  International

  Multinational

  Transnational

  Global

• Domestic

  Multinational

  International

  Transnational

  Global

• International

  Transnational

  Global

  Domestic

  Multinational

A a way of managing employees in international firms, which gives primacy to the 'local' values or host country values where subsidiaries of MNCs are located

• Ethnocentric

• Geocentric

• Polycentric

When a company adopts the strategy of recruiting the most suitable persons for the positions available in it, irrespective of their nationalities

• Geocentric

• Polycentric

• Ethnocentric

The the key positions in the organization are filled with the employees of the parent country.

• Geocentric

• Polycentric

• Ethnocentric