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Global Firm

Question

Describe key characteristics of a born global firm, and explain why a born global firm would be attuned to international firm management

Solution

Title: Global Firm
Length: 1 pages (275 Words)
Style: MLA

Preview

Global Firm

A born global entity is an organization whose inception is international. It acquires resources from different countries and sells its products globally in its quest to create a competitive edge in its market segment or against its rivals. From the onset, a born global entity has an international focus on its strategies. One of the key traits of born global firms is that they rely heavily on exportation. For instance, they may set up operations in a country with cheap production cost and then export in the lucrative markets in Europe and North America. Born

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