Which of the following is most likely true of a global firm?
A) A global firm typically operates from one country.
B) A global firm engages in joint partnerships overseas.
C) A global firm sees the world as many different markets.
D) A global firm maximizes the importance of national boundaries.
E) A global firm manufactures and markets goods wherever it can do the best job.

Question

Quizplus · Accepted Answer

A global firm manufactures and markets goods wherever it can do the best job. This is because global firms operate on a worldwide scale, seeking to maximize profits and minimize costs. In order to achieve these goals, they will manufacture and market their products wherever they can do so most efficiently, regardless of national boundaries. Joint partnerships overseas (B) may be one way for global firms to expand their operations, but this is not necessarily true for all global firms. Option A, C, and D are incorrect as they do not accurately describe the characteristics of a global firm.

Which of the Following Is Most Likely True of a Global