A U.S. auto manufacturer establishes plants in Europe and in Asia. This is an example of a (n) ________.
A) vertical integration
B) global expansion
C) horizontal integration
D) unrelated diversification

Question

Quizplus · Accepted Answer

Global expansion refers to a company expanding its operations beyond its own country and establishing a presence in global markets. In this case, the U.S. auto manufacturer is establishing plants in Europe and Asia, which indicates it is expanding globally.

A US Auto Manufacturer Establishes Plants in Europe and in Asia