Which of the following best describes a global company?

A global company is best described as a business that operates in multiple countries and treats the world as a single market. This concept emphasizes the idea that such companies are not limited by geographical boundaries; instead, they leverage their operations, production, and marketing strategies on a global scale to optimize efficiency and tap into diverse consumer bases.

By treating the world as a single market, these companies can standardize their products and marketing efforts to appeal to consumers worldwide, allowing them to benefit from economies of scale and simplify their operations. This approach enhances their competitiveness in the global marketplace, enabling them to respond swiftly to international trends and demands.

In contrast, the other options describe businesses that focus on local or domestic markets, which do not exhibit the characteristics of a global company. Businesses that only sell products locally or are focused exclusively on domestic markets limit their reach and potential for growth, while corporations that avoid international sales to mitigate risk are not participating in the global economy at all. Thus, the focus on a broad international strategy differentiates a global company from others that operate within confining geographical limits.