A global firm is one that, by operating in more than one country, gains R & D, production, marketing and
financial advantages that are not available to purely domestic competitors.

Question

Quizplus · Accepted Answer

A global firm can leverage its operations in different countries to gain advantages such as accessing new markets, diversifying its production, and pooling resources and knowledge. This can provide a competitive edge over domestic rivals who are limited to operating within their own borders.

A Global Firm Is One That, by Operating in More