Three Types of Companies Populate and Compete in the Global

question 1

Multiple Choice

Three types of companies populate and compete in the global marketplace: international firms,multinational firms,and _____ firms.

• A)culturally diverse
• B)transnational
• C)polycentric
• D)ethnocentric

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Definitions:

Trading Costs

Expenses associated with buying and selling securities, including brokerage fees, commissions, and taxes.

Market Rate of Return

The overall or average return on investment that investors expect from participating in the financial markets.

Transaction

A transaction is an executed agreement or exchange between parties, often involving the sale, purchase, or trade of goods, services, or financial assets.

BAT Model

A theoretical model; if specifically undefined or not commonly known outside of a narrow context, clarification may be needed.