A Global Firm is a business that operates in multiple countries, offering products or services to a worldwide market. These firms often have a centralized management structure but adapt their strategies to meet local needs. They benefit from economies of scale and can leverage resources across different regions. Global firms typically engage in international trade and investment, contributing to economic growth in various countries. They may also face challenges such as cultural differences, regulatory compliance, and competition from local businesses. Examples of global firms include Apple, Coca-Cola, and Unilever.