Which of the following is NOT TRUE of the impact of globalization on domestic markets?
A) Study of manufacturing companies found that multinationals of all sizes and in all industries outperformed their strictly domestic U.S. counterparts.
B) Profit levels from international ventures exceed those from domestic operations for many multinational firms.
C) On average, firm value is increased by global diversification.
D) Companies with foreign operations find that foreign earnings are making an important overall contribution to total corporate profits.
E) Companies with only domestic markets have found it relatively easy to sustain their customary rates of growth.

Question

Quizplus · Accepted Answer

Companies with only domestic markets have found increasing difficulty in sustaining their customary rates of growth, and many are seeking foreign markets in which to expand.

Which of the Following Is NOT TRUE of the Impact