Question

The importance of globalization for multinational firms is________________.

• A. home demand, home factor conditions and domestic rivalry are no longer important to multinational firms.
• B. a multinational firm can gain a competitive advantage in a foreign country.
• C. the home base is no longer important to multinational firms.
• D. all of the above.

Answer 1

The correct option is D all of the above.

Globalization refers to the process of increasing the interdependence among different nations of the world.The globalization process is boosted with technological advancement. The importance of globalization for multinational firms is:

a) home demand, home factor conditions and domestic rivalry are no longer important to multinational firms.b) a multinational firm can gain a competitive advantage in a foreign country

c) the home base is no longer important to multinational firms.