The rise of a new international entity called the ________ suggests that any company,regardless of age,experience,and resources,can engage in international business.
A) transnational corporation
B) multinational corporation
C) born global firm
D) global firm

Question

Quizplus · Accepted Answer

The term "born global firm" refers to a company that begins to engage in international business from or near its inception, without significant domestic market experience. This would suggest that age, experience, and resources are not necessarily barriers to entering the international market, making it the best choice for the blank in the given sentence. Transnational corporation, multinational corporation, and global firm all refer to established companies that operate in multiple countries, and do not necessarily imply a lack of barriers to entry for new players.

The Rise of a New International Entity Called the ________