In terms of the global marketplace,there are three primary types of companies: __________,multinational firms,and transnational firms.
A)worldwide
B)conglomerate
C)intercontinental
D)international
E)cosmopolitan

Question

Quizplus · Accepted Answer

The three primary types of companies in the global marketplace are international, multinational, and transnational. International companies conduct business in multiple countries but mainly operate from their home country. Multinational companies have operations in multiple countries and are usually centralized. Transnational companies operate in multiple countries with a decentralized approach, meaning that decisions are made locally rather than from a central location. Conglomerate companies, which are not listed as one of the options, are companies that operate in multiple industries or sectors. Worldwide and intercontinental are not specific enough to describe the types of companies. Cosmopolitan, while it may seem like a good answer, does not accurately describe the types of companies in the global marketplace.

In Terms of the Global Marketplace,there Are Three Primary Types