Question

In: Economics

Are all corporations international? Take a stand on yes they are and defend your position

Are all corporations international? Take a stand on yes they are and defend your position

Solutions

Expert Solution

A global company was derived from the base word ' international,' which means all over the world, also known as a global corporation. Assuming a global company is an organization that does business globally makes sense. There are not many companies in the world that can boast that every major country has a company presence. We can individually be numbered on both hands ' fingers. The global concept of a company should therefore be a little more careful to accommodate this fact, which would encourage more companies to call themselves global companies

Businesses have only recently begun to be identified as global. Nevertheless, the notion of doing business internationally and a multinational corporation's characteristics aren't all that new. Remember Coca-Cola, who failed to get through in 1886. Coca-Cola was 50 years old by World War II and had successfully retained the value at 5 cents, enabling most people to afford the drink. The company would sell the drink for 5 cents a bottle to U.S. soldiers deployed around the world, but no more.

Once upon a time, all contemporary multinational corporations were merely startups. In Atlanta, Georgia, Coca-Cola was once a drug store. Google started as a research project carried out by Larry Page and Sergey Brin. You can also become a global business. Don't rush it, though. Taking it at one time from one state.

Many global companies, like the Hilton and Hyatt Hotels, Google, Microsoft, 3 M, Monsanto, and American Express, still exist. Such companies range from hospitality to engineering and manufacturing firms. It shows that there are many forms of companies around the world. In a purely physical context, some are not global. Consider internet giants Facebook and Google, who have an internet connection presence in nearly every country in the world. They are more digital than tangible in their appearance, but it's worldwide.


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