What Is a Global Firm

question 21

Multiple Choice

What is a global firm?

• A) A firm that operates in one country and exports its goods and services to foreign countries.
• B) A firm that operates in more than one country and has a sales and marketing staff in those countries.
• C) A firm that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors.
• D) A firm that sells its products and services across the world but restricts manufacturing to the home country.
• E) A firm that operates in more than one country but restricts the sale of its products to the home country.

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Definitions:

Intellectual Openness

A predisposition towards being open to new experiences, ideas, or knowledge, and a willingness to consider them thoughtfully and critically.

Creative Solutions

Refer to innovative and novel approaches to solve problems or address challenges.

Personality Factor

An aspect of an individual's character that influences their behavior and attitudes.

Self-Esteem

Self-esteem represents an individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states such as triumph, despair, pride, and shame.