Question

According to

c.k. prahalad, the first stage of globalization is _____. when global firms set up operations in other countries when companies produce goods in one country and export them to other countries when global businesses establish foreign subsidiaries to handle the exports from their home countries when stateless corporations locate their core corporate functions and top executives in different countries when multinational companies headquarter in their home country previous next

Answer 1

C.K. Prahalad was a teacher at the University of Michigan and very influential business thinker.
According to C.K. Prahalad, the first stage of globalization is when companies produce goods in one country and export them to other countries.
The second stage is when global businesses establish subsidiaries to handle the exports from their home country and at the third stage global firms set up operations in other countries.