Escalation of commitment is best described as the ________. A) ...

[burchfield96]

Escalation of commitment is best described as the ________.
 
  A) strategy of first entering a country on a small scale
  B) process of entering a country because everyone else is going there
  C) expectation of a higher return in more politically risky environments
  D) increased likelihood of investing in a country because of having spent considerable time and money in examining it

Question 2

A company's overall geographic strategy should be flexible enough to ________.
 
  A) implement concentration strategies instead of diversification strategies
  B) respond to new opportunities and withdraw from less profitable ones
  C) import from anywhere in the world to a single production location
  D) export anywhere in the world from a single production location

[apple]

Answer to Question 1

Thank you soo much

Answer to Question 2

B