What Is a Difference Between an International Firm and a Multinational

question 5

Multiple Choice

What is a difference between an international firm and a multinational firm?

• A) Multinational firms design, produce, and market products in many nations, whereas international firms are based primarily in one nation.
• B) International firms design, produce, and market products in many nations, whereas multinational firms are based primarily in one nation.
• C) International and multinational firms are the same thing.
• D) Multinational firms are concerned primarily with foreign markets, whereas international firms are concerned primarily with the domestic market.
• E) International firms are concerned primarily with foreign markets, whereas multinational firms are concerned primarily with the domestic market.

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Definitions:

Defense Mechanism

Unconscious psychological strategies brought into play by individuals to protect themselves from anxiety or to provide a refuge from a situation with which they cannot currently cope.

Rationalization

A defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.

Corporation

A corporation is a legal entity that is separate from its owners, providing them with limited liability. It is capable of owning assets, borrowing money, and being sued or suing.

Conflict

A struggle or contest between people with opposing needs, ideas, beliefs, values, or goals.