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Author Question: Multinational corporations maintain significant operations in two or more countries simultaneously. ... (Read 47 times)

WWatsford

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on: Jul 6, 2018
Multinational corporations maintain significant operations in two or more countries simultaneously.
 
  Indicate whether the statement is true or false.

Question 2

John Deere is an example of a multidomestic company.
 
  Indicate whether the statement is true or false.
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mohan

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: TRUE
Explanation: A multinational corporation comes in three different formsthe multidomestic corporation, the global corporation, and the transnational corporation. All three forms maintain operations in multiple countries.

Answer to Question 2

Answer: TRUE
Explanation: Deere uses local management, local business strategies, and products geared specifically for local customers in each country in which it does business. This kind of approach identifies a multidomestic company.


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