Which of the following is the basic difference between multidomestic corporations and global companies?
A)Multidomestic corporations typically do business with more countries than global companies.
B)Global companies are run by the parent company but must be owned by a local, national company.
C)Decision making in multidomestic corporations takes place locally rather than from the home country.
D)Multidomestic corporations pay more in taxes than transnational corporations.
E)There is basically no difference between the two forms of business.

Question

Quizplus · Accepted Answer

The basic difference between multidomestic corporations and global companies is that decision making in multidomestic corporations takes place locally rather than from the home country. Global companies typically have a more centralized decision-making process, where important decisions are made by the parent company. The other options provided do not accurately describe the main difference between the two types of companies.

Which of the Following Is the Basic Difference Between Multidomestic