In terms of the global marketplace there are three primary types of companies: international firms, multinational firms, and __________ firms.
A)transnational
B)domestic
C)intercontinental
D)worldwide
E)cosmopolitan

Question

Quizplus · Accepted Answer

Transnational firms are similar to multinational firms in that they operate in multiple countries, but they differ in that they have a decentralized management structure where decision-making is distributed among various country offices, rather than being centralized at the home office. This allows for greater flexibility and responsiveness to local markets, making them ideal for the global marketplace. Domestic, intercontinental, and worldwide firms do not accurately describe the types of companies in the global marketplace. Cosmopolitan is not a commonly used term to describe types of companies in the global marketplace.

In Terms of the Global Marketplace There Are Three Primary