97.5k views
5 votes
Global Dandelion has marketing and production facilities located in many countries. What stage of international business development is it participating in?

a) Domestic stage
b) Export stage
c) Multinational stage
d) Global stage

User Kaskelotti
by
8.0k points

1 Answer

1 vote

Final answer:

Global Dandelion is in the multinational stage of international business development because it has marketing and production facilities in many countries and is deeply integrated into their economies. The correct answer option c.

Step-by-step explanation:

If Global Dandelion has marketing and production facilities located in many countries, it is participating in the multinational stage of international business development. During this stage, a corporation operates in various countries and becomes an integral part of each country's economy, contributing to its GDP, engaging in the circular flow of income, and being influenced by the nation's business cycle.

Furthermore, these multinational corporations are subject to the laws, taxes, customs, and culture of the locations where they operate. Thus, the correct option for the stage of international business development that Global Dandelion is participating in is c) Multinational stage.

Multinational corporations, like Global Dandelion and McDonald's, are prime examples of the impact of international trade and globalization. They help small economies achieve economies of scale and benefit from competition and diversity in production. These businesses' expansion across borders is pivotal for global economic recovery and growth. By being multinational, they illustrate the interconnectivity in the global marketplace, where goods, services, and jobs are related across borders.

User Marton Trencseni
by
6.9k points