Which of the following best characterizes a global firm?
A)A global firm typically operates from one country.
B)A global firm engages in joint partnerships overseas.
C)A global firm sees the world as many different markets.
D)A global firm maximizes the importance of national boundaries.
E)A global firm manufactures and markets goods wherever it can do the best job.

Question

Quizplus · Accepted Answer

A global firm is one that operates in multiple countries and seeks to maximize its profits by manufacturing and marketing goods wherever it can do the best job. This means that it sees the world as a single market, rather than many different markets, and is not limited by national boundaries. Joint partnerships overseas may be one strategy that a global firm uses to enter new markets, but it is not a defining characteristic of a global firm.

Which of the Following Best Characterizes a Global Firm