Firms that are capable of successfully competing in global markets may not need to worry about their home markets.

Question

Quizplus · Accepted Answer

While firms with global success may have less dependence on their home market, it is still important for them to maintain a strong presence and competitive advantage in their domestic market. Additionally, changes in the domestic market can have ripple effects on global operations, so it is important for firms to stay attuned to their home market.

Firms That Are Capable of Successfully Competing in Global Markets