20.8k views
5 votes
​U.S. businesses are increasingly recognizing that international markets provide enormous opportunities for growth and profit. ___________companies are entering international markets and quickly realizing as much as 70% of their sales outside the domestic market within two years.

User Gyroscope
by
5.3k points

1 Answer

4 votes

Answer:

Born-global

Step-by-step explanation:

When an organization's activities seek an opportunity of shifting global and globalize swiftly without introducing a long-term or internationalization period, it is a born-global company. A born-global company starts its business in many countries from its commencement. As the question suggests that the companies are entering international markets, and understanding that they are selling more products globally instead of domestically, therefore, this type of company is known as a born-global.

User Marcelis
by
5.9k points