Question

A born global firm is defined as ________. Select one: a. a consortium of firms that plan, finance, organize, manage, and implement all phases of a project and then hand it over to a foreign customer after training local personnel b. a large global company that sells diverse

Answer 1

Answer:

The correct answer is: None of the above.

Explanation:

At its most basic, born global firms are those incorporated to engage international operations through the purchase and sale of goods between different countries. Companies established to handle domestic business that due to increasing demand, start international operations are not considered born global firms. Most born global firms start by exporting products. From there their inherent international nature.