Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

FIB is an Australian artificial intelligence (AI) company that was started by two entrepreneurs, Eric Lee and James May, in Brisbane in 2017. Eric and

FIB is an Australian artificial intelligence (AI) company that was started by two entrepreneurs, Eric Lee and James May, in Brisbane in 2017. Eric and James met while completing their studies at university. They have a strong working relationship and are experts in deep learning, a technique where machines are trained via data feeding to help them make decisions and solve problems in the future when data is fed to them. The company employs 10 data scientists and mechanical engineers in their Brisbane office. With growing interest in the technology, FIB internationalized in 2019 and entered the USA market where it works with companies involved in manufacturing defense equipment. The company has also received interest from some car manufacturing companies in the US, who are interested in developing smart, driverless cars. In 2020, FIB opened offices in Maryland and Michigan to have a local presence in North America. Using the internationalization theories covered in the subject, assess the internationalization pattern of FIB. Which theory best explains their internationalization? What are the benefits and limitations of this approach?


Step by Step Solution

There are 3 Steps involved in it

Step: 1

Copilot Sent by Copilot FIBs internationalization pattern can be assessed using several internationalization theories Here are a few that might be rel... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Process

Authors: Lee Long

4th Edition

978-0201822939,0201822938

More Books

Students also viewed these General Management questions