What is the evolution of stage that a company goes through as its operation become more global?

As a company expands its operations globally, it typically undergoes several stages of evolution. Initially, it may operate in a domestic market, then gradually transition to an export model, where it sells products internationally. Following this, the company often establishes foreign subsidiaries or joint ventures, allowing for deeper market penetration and local adaptation. Eventually, it may evolve into a fully integrated multinational corporation, coordinating operations across multiple countries to optimize resources and respond to global market demands.