The Three Types of Companies That Populate and Compete in the Global

question 159

Multiple Choice

The three types of companies that populate and compete in the global marketplace are (1) international firms; (2) multinational firms;and (3) __________ firms.

• A)multiethnic
• B)transnational
• C)multidomestic
• D)ethnocentric
• E)meganational

---

Definitions:

Betterments

Improvements made to an asset that increase its value or extend its useful life, typically treated as capital expenditures.

Capital Expenditure

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to improve long-term business operations.

Gain or Loss

The financial result from a transaction where the sale price is either higher (gain) or lower (loss) than the purchase price or the book value of an asset.

Disposed Asset

An asset that has been sold, discarded, or otherwise disposed of by a company.