When a Firm Is Founded with Global Scope in Mind

question 37

Multiple Choice

When a firm is founded with global scope in mind from the very beginning, what do marketers call that type of company?

• A) Specialized
• B) Stratospheric
• C) Digital commerce
• D) Born global

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Definitions:

Cost of Goods Sold

An expense measured as the total direct costs attributable to the production of goods sold by a company.

Departments

Distinct divisions within a company or organization designated to handle specific tasks or functions, such as sales, marketing, or human resources.

Catering Department

A division within a company or a facility that is responsible for providing food services for events, meetings, and functions.

Profit Center

A segment or division of a company that is directly responsible for generating its own revenue and profit.