The ___________ are the archetype of the modern multinational firm that goes overseas to produce and sell in foreign markets.
A) cost minimizers
B) market seekers
C) raw-material seekers
D) whaling companies

Question

Quizplus · Accepted Answer

Market seekers are companies that expand overseas to sell their products in foreign markets. This fits the description of a modern multinational firm that produces and sells in foreign markets. Cost minimizers focus on efficiency and reducing production costs, while raw-material seekers primarily go overseas to secure access to natural resources. Whaling companies are not relevant to the topic of modern multinational firms.

The ___________ Are the Archetype of the Modern Multinational Firm