Question

Domestically successful companies that internationalize by recreating the same value activity chain in each nation where they expand are known as _____ firms.

select one

a. Multinational

b. Transnational

c. Global

Answer 1

• Multinational companies are those companies which have different investment strategies in different countries and adapting according to the local market.

For example kfc

• Transnational company does business and having presence in many countries and do not consider any particular country to its national home.

An example is Walmart.

• Global company whereas a successful company which has a presence in many countries and try to maintain the same image or brand in all markets
• they have one Global corporate office control all over the world markets.

Google, Coca-Cola is an example.

So the answer is an option C