Question

Domestic strategy reflects the choices a firm's executives make with respect to sourcing and selling its

goods in foreign markets.
A. True
B. False

Answer 1

True.

Step-by-step explanation:

True. The given statement is true because the domestic strategy refers to the strategy of a company to expand its business and find the new market for their products. So, the new market can be found by internationalizing the goods by the firm. Moreover, early-stage firms focus on the domestic market but as their business grows or production increases then it starts selling its goods and services in foreign markets.