Which one of the following represents the basic difference between multidomestic corporations and global companies?
A) Multidomestic corporations typically do business with more countries than global companies.
B) Multidomestic corporations are run by global companies but must be owned by a local, national company.
C) Multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country.
D) Multidomestic corporations reflect an ethnocentric attitude, while global companies reflect a polycentric attitude.

Question

Quizplus · Accepted Answer

The basic difference between multidomestic corporations and global companies is that multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country. Multidomestic corporations allow for greater autonomy and flexibility in local markets, while global companies aim for consistency and standardization across markets.

Which One of the Following Represents the Basic Difference Between