Which of the following types of firms design,produce,and manufacture products in many nations?
A) Multinational firms
B) Importing firms
C) Domestic firms
D) International firms
E) Exporting firms

Question

Quizplus · Accepted Answer

Multinational firms operate in multiple countries and have production facilities, distribution networks, and marketing strategies in each of the nations they operate in. They design, produce, and manufacture products in many nations to serve the diverse needs and preferences of customers worldwide. Importing firms primarily source products from foreign countries to sell in their domestic market, domestic firms operate solely within their home country, international firms operate across national borders but do not have production facilities in every country they operate in, and exporting firms primarily produce goods in their domestic market for sale in foreign markets.

Which of the Following Types of Firms Design,produce,and Manufacture Products