Which of the following is 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. This means that in a multidomestic corporation, each country is allowed to operate independently and make decisions based on the local market and culture, while in a global company, decisions are made by the headquarters in the home country and then implemented globally.

Which of the Following Is the Basic Difference Between Multidomestic