Final answer:
International corporate planning involves comprehensive, long-term strategies that incorporate product development, capital allocation, and research, as well as marketing and advertising, with a focus that extends beyond immediate tactical issues to long-run goals, similar to foreign direct investments and governmental planning.
Step-by-step explanation:
International corporate planning is a complex and multifaceted process. It is not limited to marketing and advertising questions but also encompasses a company's products, capital, and research. While it can involve tactical issues, such as those in marketing, it is essentially long term in nature. Foreign direct investments are often indicative of long-term planning in international business, as they require significant managerial responsibility and cannot be quickly withdrawn like portfolio investments. Governments also engage in long-term planning to ensure the health and viability of their countries, though this is often constrained by short election cycles.
In terms of global collaboration, international agreements can act as a political counterweight to domestic interests and contribute to reduced trade barriers, uplifting international trade and globalization. The correct option regarding international corporate planning is: It specifically deals with a company's products, capital, and research. International corporate planning involves strategic decision-making that encompasses a company's products, capital, and research on a global scale. It goes beyond marketing and advertising questions and addresses a company's overall direction and goals in the international market. The planning process is typically long-term in nature, considering factors such as market trends, competition, and potential risks and opportunities.