Some Japanese firms, such as Matsushita and NEC, tend to operate as domestic firms but see the whole world domestically-that is, as their market. What type of firms are these?

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Global firms operate as if the world is their domestic market, with a unified strategy across all countries. Matsushita and NEC are examples of global firms as they have a global mindset and integrate their operations internationally rather than treating each country separately. Transnational firms have subsidiaries in multiple countries that operate independently, while multinational firms operate in multiple countries but customize their products or services to the local markets. International firms primarily focus on their home country and export products or services to other countries.

Some Japanese Firms, Such as Matsushita and NEC, Tend to Operate