Compare and contrast a multinational company and a global company
What will be an ideal response?
Both multinational and global companies maintain assets and operations in more than one country; however, a multinational company concentrates on adapting products and services to the specific needs of each country, while a global company concentrates on penetrating multiple countries with a minimally customized marketing mix.
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If bonds are issued at 101.25, this means that:
A) a $1,000 bond sold for $101.25. B) the bonds sold at a discount. C) a $1,000 bond sold for $1,012.50. D) the bond rate of interest is 10.125% of the market rate of interest.
The Michael Porter Diamond of National Advantage is a framework that explains why countries foster successful multinational corporations based on factor endowments and demand conditions only.
Answer the following statement true (T) or false (F)
In target pricing, the target sales price is the ________
A) total product cost incurred in producing a product B) net profit desired by the company C) amount customers are willing to pay for a product or service D) price calculated by deducting the desired profit from the total production cost
Chris, a minor, signs a contract to purchase alcoholic beverages for Dine & Drink, his parents' restaurant. The contract is? A)?valid but may be disaffirmed
B)?valid but may not be disaffirmed. C)?void as a matter of law. D)?void unless it is also signed by Edie, the manager of Dine & Drink.