Ajax Inc. has most of its manufacturing operations in Germany, buys large quantities of raw
materials from countries in South America, and sells its products primarily n third world
countries. Applying the classification scheme used in the text, Ajax would be a
multinational business.
Indicate whether the statement is true or false.
Question 2A firm that acquires essentially all its resources and sells all its products or services within a
single country is called a domestic business.
Indicate whether the statement is true or false.
