Global Companies
Global companies are businesses that operate in multiple countries around the world. They often have a centralized headquarters but manage operations in various locations to reach a wider market. Examples of global companies include Apple, Coca-Cola, and Toyota, which sell their products and services internationally.
These companies benefit from economies of scale, allowing them to produce goods more efficiently and at lower costs. They also face challenges such as navigating different regulations, cultural differences, and competition in diverse markets. Global companies play a significant role in the world economy by creating jobs and driving innovation.