MODERN MANAGEMENT Six Stages of Multinationalization Stage 6.Multinationalizes ownership of corporate stock Stage 5.Multinationalizes management from top to bottom Stage 4.Establishes foreign manufacturing facilities Stage 3.Licenses use of its patterns and know-how to foreign firms that make and sell its products Neil H.Jacoby Stage 2.Establishes sales organizations abroad Stage 1.Exports its products to foreign countries Modern ManageMent Six Stages of Multinationalization Stage 1. Exports its products to foreign countries Stage 2. Establishes sales organizations abroad Stage 3. Licenses use of its patterns and know-how to foreign firms that make and sell its products Stage 4. Establishes foreign manufacturing facilities Stage 5. Multinationalizes management from top to bottom Stage 6. Multinationalizes ownership of corporate stock Neil H. Jacoby