Question: 2 8 . Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to entermarkets that differ greatly from its

28 .

Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to entermarkets that differ greatly from its home market, instead expanding within the twelve

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nation region that includesits home country. Which of the following statements is true?a

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The firm is not engaging in international trade.b

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The firm is using a regional approach to international expansion.c

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The firm will not be able understand the cultures, legal, and social norms of this market.d

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Skaredykat is too afraid to implement an international strategy.

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