Question

Which of the following is true about international corporate planning?

1) It predominantly deals with a company's products, capital, and research.
2) It only addresses marketing and advertising questions.
3) It refers to the plans that are made at the local level.
4) It incorporates generalized goals for an enterprise as a whole.
5) It solely deals with the tactical issues of marketing.

Answer 1

International corporate planning predominantly involves strategic planning, resource allocation, and understanding international markets to develop a global vision with comprehensive regulations. Option 1.

Step-by-step explanation:

The correct statement about international corporate planning is that it predominantly deals with a company's products, capital, and research(1). This means it encompasses broad facets of a company, including strategic planning, allocation of resources, understanding of international markets, and the development of a global vision with comprehensive regulations that adhere to international standards and agreements. Such planning is essential for companies operating on an international scale, given it involves long-term decision-making as well as tactical considerations that address marketing, advertising, managerial responsibilities, and much more.