This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
A digital-services firm aiming for quicker international market entry and rapid global expansion needs to leverage technologies and strategies that minimize physical barriers and maximize reach. Let's evaluate each statement: a. Using cloud-based delivery: For a digital-services firm, cloud-based delivery allows services to be accessed globally without the need for extensive physical infrastructure in each country. This significantly speeds up market entry and enables rapid scaling. b. Building physical offices first: This is a time-consuming and capital-intensive process that would hinder quicker international market entry and rapid global expansion*. c. Leveraging virtual global teams: Virtual teams allow a firm to hire talent and operate across different geographies without establishing physical offices, supporting rapid expansion and reducing operational overhead. d. Avoiding digital channels: As a digital-services firm*, avoiding digital channels would be counterproductive to its core business model and its goal of global expansion. e. Using global online marketing: Online marketing can reach a global audience quickly and cost-effectively, directly supporting rapid global expansion and quicker international market entry* by generating awareness and acquiring customers across borders. Now let's evaluate the given options: O A. Statements a and c: Combines cloud-based delivery (enabling global service access) and virtual global teams (enabling global operations). Both are strong positives. O B. Statements b and d: Includes building physical offices (detrimental) and avoiding digital channels (detrimental). This option is incorrect. O C. Statements c and e: Combines virtual global teams (enabling global operations) and global online marketing (enabling global customer acquisition). Both are strong positives. O D. Statements a and e: Combines cloud-based delivery (enabling global service access) and global online marketing (enabling global customer acquisition). Both are strong positives. For a digital-services firm specifically, the most direct actions for quicker market entry and rapid expansion involve how the service is delivered and how customers are reached. Cloud-based delivery (a) is fundamental for the service itself to be available globally without physical presence. Global online marketing (e) is fundamental for reaching customers in new markets quickly and efficiently. This combination directly addresses the core aspects of delivering the digital service and acquiring customers globally, making it the most impactful for rapid expansion. The final answer is D. That's 2 down. 3 left today — send the next one.