A ________ firm is one that, by operating in more than one country, gains marketing, production, research and development, and financial advantages that are not available to purely domestic competitors.

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29-04-2022
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A ________ firm is one that, by operating in more than one country, gains marketing, production, research and development, and financial advantages that are not available to purely domestic competitors.

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mahak08 mahak08 · Answer 1 · 2022-05-05T16:22:39+02:00

A company that has operations in more than one country. Global corporations have cost and reputation advantages in research, production, marketing, and financial operations that domestic competitors do not have.

Why is a global firm?

A global corporation is one that operates in more than one country all over the world. It is the inverse of a domestic corporation that only operates in one country. These businesses are also known as global corporations, multinational corporations, multinational companies, or MNCs.

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