What Is the Term Used for a Firm Founded with a Global

question 28

Multiple Choice

What is the term used for a firm founded with a global scope in mind from the very beginning?

• A) Global
• B) Economic bloc
• C) Multinational
• D) Born global

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Definitions:

Break-Even

The stage at which accumulated costs equal accumulated earnings, leaving no room for profit or loss.

Monthly Dollar Sales

The total value of all sales in monetary terms for a specific month.

Variable Expenses

Costs that change in proportion to the activity of a business, such as sales volume, production levels, or inventory.

Fixed Expenses

Costs that do not change with the level of production or sales activities over a short period.