Global competition refers to
A) when a firm produces and markets its products worldwide rather than in its own domestic market.
B) when firms originate, produce, and market their products and services worldwide.
C) when two firms from two different countries compete for market share in their own domestic markets.
D) when two or more firms from different nations combine their resources to market products globally.
E) when the firm from one nation dominates the market for that product in every other nation.
Correct Answer:
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