Businesses that directly initiate and implement international business activity are known as ________.
A) focal firms
B) fiscal enterprises
C) fiduciary trusts
D) business affiliates

Question

Quizplus · Accepted Answer

Focal firms are businesses that initiate and implement international business activity. They are the main players in international trade and investment, and they take an active role in managing their international operations. Fiscal enterprises and fiduciary trusts are not commonly used terms in international business, and business affiliates could refer to various types of business relationships.

Businesses That Directly Initiate and Implement International Business Activity Are