The importance of globalization for multinational firms is evident from which of the following?

Home demand, home factor conditions and domestic rivalry are no longer important to multinational firms

No worries! We‘ve got your back. Try BYJU‘S free classes today!

A multinational firm can gain a competitive advantage in a foreign country

No worries! We‘ve got your back. Try BYJU‘S free classes today!

The geography is no longer limited to multinational firms

No worries! We‘ve got your back. Try BYJU‘S free classes today!

All of the above

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C All of the above
The importance of globalization for multinational firms is home demand, home factor conditions and domestic rivalry are no longer important to multinational firms. A multinational firm can gain a competitive advantage in a foreign country and the home base is no longer important to multinational firms.

Suggest Corrections

Similar questions

The fundamental challenge that a multinational firm faces in knowledge transfer is _________.

Join BYJU'S Learning Program