Question

A fully global organization might set up a ________ with a foreign company to create a new, independent company that produces a specific product.

Answer 1

A fully global organization might set up a joint venture with a foreign company to create a new, independent company that produces a specific product.

When businesses expand internationally, they frequently begin small?

When businesses expand internationally, they frequently begin by merely exporting their goods to one or more foreign nations.

Exists a company that runs operations in multiple nations?

• A multinational corporation is one that has operations and business locations in two or more different nations.
• These businesses are frequently run from a central office with its headquarters in the nation of origin.

What attribute best describes a transnational corporation?

A "borderless organization" with numerous operations and no central headquarters is referred to as a transnational corporation.

Learn more about multinational corporation

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