Universal Lingo, a U.K.-based language translation company employing j

QUESTION

Universal Lingo, a U.K.-based language translation company employing just 65 people worldwide, has an annual turnover of $1.5 million. In this context, Universal Lingo is most likely to be classified as a(n):

A. large domestic firm.

B. mini-multinational firm.

C. greenfield firm.

D. foreign firm.

E. multinational giant.

ANSWER

B
A trend in international business has been the growth of medium-size and small multinationals (mini-multinationals).