Question

Business Expansion Plan (Scenario)

As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers.

Q: If Shana's company hopes to become a fully global corporation in the coming years, which of the following would best indicate that the company is fully ""global""?

A. Maintaining the business's head office in the United States.

B. Sending company representatives to foreign operations when necessary.

C. Establishing separate operation facilities abroad and hiring locals as managers.

D. Focusing on domestic operations and expansion.

Answer 1

To be considered fully "global," a company should establish separate operation facilities abroad and hire locals as managers.

Step-by-step explanation:

In order for a company to be considered fully "global," it should establish separate operation facilities abroad and hire locals as managers. This indicates that the company is not only expanding its operations to other countries, but it is also adapting to the local market and culture by hiring locals as managers. Sending company representatives to foreign operations when necessary can be a step towards global expansion, but it does not necessarily indicate that the company is fully global. Maintaining the business's head office in the United States and focusing on domestic operations and expansion do not align with the goal of becoming a fully global corporation.