What is a corporation that manufactures and markets products in multiple countries called?

What is a corporation that manufactures and markets products in multiple countries called?

• A. Multinational corporation
• B. Global entity
• C. International firm
• D. Transnational company

Answer: (A)

A corporation that manufactures and markets products in multiple countries is referred to as a multinational corporation. This term specifically describes businesses that operate in several countries while maintaining a centralized business structure. A multinational corporation typically has a strong presence in its home country but also adapts its operations to suit different international markets, which can include localized production methods, marketing strategies, and product offerings tailored to diverse consumer preferences. The designation recognizes the unique operational complexities and market strategies these corporations engage in as they navigate various regulatory environments, cultural differences, and competitive landscapes across international borders. By understanding the term "multinational corporation," one can better grasp the strategies and implications involved in international business operations.

A corporation that manufactures and markets products in multiple countries is referred to as a multinational corporation. This term specifically describes businesses that operate in several countries while maintaining a centralized business structure. A multinational corporation typically has a strong presence in its home country but also adapts its operations to suit different international markets, which can include localized production methods, marketing strategies, and product offerings tailored to diverse consumer preferences.

The designation recognizes the unique operational complexities and market strategies these corporations engage in as they navigate various regulatory environments, cultural differences, and competitive landscapes across international borders. By understanding the term "multinational corporation," one can better grasp the strategies and implications involved in international business operations.