Question

Current trends suggest that early internationalizing firms will ________. be unable to sustain the rigors of international trade significantly dampen entrepreneurial efforts of smaller firms eliminate MNEs worldwide become even more common in international business

Answer 1

D) gradually become the norm in international business

Step-by-step explanation:

Current trends suggest that early internationalizing firms will ________.

A) be unable to sustain the rigors of international trade

B) significantly dampen entrepreneurial efforts of smaller firms

C) eliminate MNEs worldwide

D) gradually become the norm in international business

Internationalization of a firm are steps taken by an organization to engage in business activities abroad that will enable such organization to become major players on the global stage.

A few reasons why firms decide to internationalize include: Be closer to supply sources, Gaining access to lower-cost factors of productions, Forge a potential rewarding relationship with foreign partners, potential opportnities for growth through diversifying its business models etc.

More and more firms begin to realize that the above reasons have immense benfits for them and will continue to tow the path of internationalization

Answer 2

Continue to

Step-by-step explanation:

• Internalization is a process to increase the involvement of international markets.

• As more and more business continues to grow the more rigorous internalization become the more trade takes place between the markets and the entrepreneurial efforts of small firms tend to eliminate the MNE concept to maintain high-quality levels while adapting to those of the other cultures and markets.

• Certain trade theories have been, made which highlight this aspect like the Absolute cost advantage, Comparative cost advantage, and the Gravity model of trade.