Examlex
One positive feature of QSPM is that it does not require intuitive judgments and educated assumptions.
Multidomestic Firm
A multidomestic firm is a company that operates in multiple countries, tailoring its products, marketing, and operations to each local environment rather than standardizing globally.
Transnational Firm
A company that operates beyond its home country, managing production or delivering services in more than one country.
Multinational Firm
A business which functions across various nations, overseeing the manufacturing or provision of services beyond its original country.
World Trade Organization (WTO)
A permanent institution that sets rules governing trade between its members through panels of trade experts who decide on trade disputes between members and issue binding decisions.
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