The ___________ are the archetype of the modern multinational firm that goes overseas to produce and sell in foreign markets.
A)cost minimizers
B)market seekers
C)raw-material seekers
D)whaling companies

Question

Quizplus · Accepted Answer

Market seekers are firms that go overseas to produce and sell in foreign markets, which is the archetype of the modern multinational firm. The other choices are not closely related to this definition as follows: 
A) Cost minimizers - this refers to firms that go overseas to minimize their costs of production, which may or may not involve selling in foreign markets.
C) Raw-material seekers - this refers to firms that go overseas to acquire raw materials that may not be available in their home country, but does not necessarily involve selling in foreign markets.
D) Whaling companies - this is not relevant to the question, as it refers to a specific type of industry rather than a general archetype of a multinational firm.

The ___________ Are the Archetype of the Modern Multinational Firm