A domestic firm that has leveraged its existing capabilities to penetrate overseas markets is a/an ____ corporation.
A) transnational
B) international
C) multinational
D) global

Question

Quizplus · Accepted Answer

An international corporation is a domestic firm that has extended its operations to overseas markets by leveraging its existing capabilities without significant adaptation to the local market. This type of corporation exports goods and services to foreign markets or, in some cases, sets up subsidiaries or joint ventures in foreign countries. Transnational, multinational, and global corporations, on the other hand, have a more complex and integrated operation in multiple countries with adaptation to local market conditions.

A Domestic Firm That Has Leveraged Its Existing Capabilities to Penetrate