Which of the following types of firms have planning and decision-making functions that are geared to international markets?
A) Exporting firms
B) International firms
C) Multinational firms
D) Domestic firms
E) None of these

Question

Quizplus · Accepted Answer

Multinational firms have planning and decision-making functions that are geared towards international markets, as they operate in multiple countries and must adapt to different cultural, political and economic environments. Exporting firms focus mainly on exporting products to international markets but may not necessarily have extensive planning and decision-making functions directed towards these markets. International firms may operate in multiple countries, but they do not necessarily have the same level of adaptation to local markets as multinational firms. Domestic firms operate primarily in one country and are not geared towards international markets.

Which of the Following Types of Firms Have Planning and Decision-Making