Series of linked domestic industries in which rivals compete against each other on a worldwide basis is:
A) Multidomestic industry
B) Global industry
C) Conglometric industry
D) Automobile industry

Question

Quizplus · Accepted Answer

A series of linked domestic industries in which rivals compete against each other on a worldwide basis is referred to as a global industry. Option A (Multidomestic industry) refers to industries where companies compete locally in different countries, whereas option C (Conglometric industry) is a made-up term and not a valid concept. Option D (Automobile industry) is a specific industry and not a general term for a series of linked domestic industries competing globally.

Series of Linked Domestic Industries in Which Rivals Compete Against