Question

Pilcher Corp. manufactures tents in its two factories located at two states in Arkadas. It exports its goods to several of its neighboring countries while production remains in the two locations. In this case, Pilcher Corp. is in the _____ of global business. a. second stage.b. fourth stage.c. first stage.d. third stage.

Answer 1

Answer:

Option C First Stage

Explanation:

The reason is that the company tries to enter new markets (internationally) and try to capture a good share of that market which is largely similar to its existing market. Such type of companies that have presence in like markets are at the first stage of global business.

In the above question, the company is involved in trading with neighboring countries and has existence in two states, is a small company and is selling to neighboring countries who have similar markets.