Developing a Comprehensive Model of Entrepreneurship, business and finance homework help

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Business Finance

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What do you perceive to be the critical differences between a traditional multinational firm and an internationalizing SME? Imagine that you are the founder of a new start-up company in an industry you are familiar with. What is the nature of the product or service you would have to develop to successfully launch as a “born global” firm? Give examples.

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Running head: DIFFERENCES BETWEEN FIRMS

Differences between Firms
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DIFFERENCES BETWEEN FIRMS
Differences between Firms
The traditional multinational company is often complex and has to work hard to maintain
functional organizational units. It uses corporate functions as a basis for its organizational
structure. Some of the functional units it possesses are a centralized structure, as well as
operations based in its home country. Employees have responsibilities for different potential
markets. The company is efficient and effective form companies that are not able to have
overseas subsidiaries (Markgraf, 2017).Coordinating activities play a major role in this particular
organization. Geography is ...


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