One of the Major Reasons Why Global Companies Seek to Develop

question 50

Multiple Choice

One of the major reasons why global companies seek to develop standard products is because

• A)A standard product allows the company to save money because the same product can be sold anywhere.
• B)A company can be more responsive to local cultural conditions.
• C)It allows the company to invest more in research and development.
• D)All of the above

---

Definitions:

Foreign Company

A business entity that is registered, operates, or is headquartered in a country other than the one where it conducts most of its operations or where its main investors reside.

Home-Country Criticisms

Critique or negative feedback directed towards a company or individual from their country of origin, often related to their actions or policies perceived negatively abroad.

Global Firms

Companies that operate and provide products or services in multiple countries beyond their domestic base.

Transfer Technologies

The process of sharing or moving technological innovations and advancements from one entity to another.