What is a global firm?
A) A firm that operates in one country and exports its goods and services to foreign countries.
B) A firm that operates in more than one country and has a sales and marketing staff in those countries.
C) A firm that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors.
D) A firm that sells its products and services across the world but restricts manufacturing to the home country.
E) A firm that operates in more than one country but restricts the sale of its products to the home country.

Question

Quizplus · Accepted Answer

A global firm is one that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors. This involves a higher level of integration and coordination across borders, and the ability to leverage local market knowledge and resources. While options A, B, D, and E may involve some degree of international activity, they do not necessarily constitute a global firm.

What Is a Global Firm