Universal Lingo,a UK based language translation company employing just 65 people worldwide,has an annual turnover of $1.5 million.In this context,Universal Lingo is most likely to be classified as a(n):
A) large domestic firm.
B) mini-multinational firm.
C) localized company.
D) limited company.
E) multinational giant.

Question

Quizplus · Accepted Answer

Universal Lingo is not a large domestic firm since it has a relatively low turnover and operates globally. It is also not a localized company as it has a global reach. It is too small to be classified as a multinational giant. Therefore, the best classification for Universal Lingo is a mini-multinational firm, which refers to small to medium-sized companies with international operations.

Universal Lingo,a UK Based Language Translation Company Employing Just 65