Global corporations are expressions of which stage of internationalization?

A) Third
B) Direct foreign investment
C) Joint venture
D) First
E) Licensing

Direct Foreign Investment

Investments made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Global Corporations

Global corporations are large businesses that operate and provide their products or services across multiple countries, influencing global trade and economy.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, such as a new project or any other business activity.