A domestic firm,like Honda,General Electric,an Procter and Gamble,that builds on existing capabilities to penetrate overseas markets is an example of a(n)________________ corporation.

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An international corporation is a business that engages in foreign trade, but does not have significant operations and investments in other countries. In this case, the domestic firm is using its existing capabilities to expand into international markets, but is not necessarily establishing extensive operations in those markets. The other options (transnational, multinational, and global) typically involve more strategic investments and operations in multiple countries.

A Domestic Firm,like Honda,General Electric,an Procter and Gamble,that Builds on Existing