D Feet Corp. manufactures its footwear in a small town in America, but it sells to several countries around the world. Given this information, D Feet Corp. can best be characterized as a _____ multinational corporation
a. first-stage
b. second-stage
c. third-stage
d. fourth-stage
ANSWER: a
D Feet Corp. is a first-stage multinational company as it manufactures its footwear in America but sells it to different countries around the world. Multinationals often develop their global business in stages. In the first stage, companies operate in one country and sell to others.
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