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Global Dandelion, with marketing and production facilities located in many countries, is participating at what stage in the international arena?

User Ranjith R
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Final answer:

Global Dandelion, with facilities in multiple countries, is at a mature stage in international business as a multinational enterprise. The global marketplace has shifted, as illustrated by the automotive industry's transition from domestic dominance to facing global competition. International economic coalitions and forums support the role of businesses like Global Dandelion in the modern economy.

Step-by-step explanation:

The question refers to Global Dandelion, a company with marketing and production facilities located in many countries, indicating that it is at a mature stage in the international business arena. As such, the company is likely involved in global trade, which allows it to leverage economies of scale and access new markets, thus enhancing its competitiveness against domestic and international companies. This global presence is a clear sign that the company has advanced beyond domestic or export stages, and is now participating as a multinational enterprise (MNE) in the global marketplace.

The global marketplace has evolved significantly from the 1970s. With companies such as General Motors, Ford, and Chrysler no longer dominating the U.S. auto market, they face competition from international brands like Toyota, Honda, and Volkswagen. This reflects a lower concentration ratio and Herfindahl-Hirschman Index (HHI) globally compared to purely domestic measures.

Businesses like Global Dandelion are linked by international trade, with the success of their operations being influenced by the ease of cross-border access. The World Economic Forum in Davos has recognized this by launching inclusive coalitions aiming to connect climate, trade, and sustainable development goals. Such efforts contribute to global economic recovery and emphasize the interconnectedness of businesses in today's world.

User Rebs
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