main differences b/w local,national and multinational businesses

Question 1

Local businesses

Answer 1

-operate in a small and well defined part of the country.
-they do not have expansion as an objective
make no attempt to expand to
obtain customers across the whole country.
-eg hairdressing, single-branch shops and carpentry firms.

Question 2

National businesses

Answer 2

-have branches and operations across most of the country.
-they make no attempt to establish operations in other countries.
eg car retailing firms, retail shops w many branches selling goods in just one country and national banking firms.

Question 3

International businesses

Answer 3

called multinational businesses and they operate in more than one country.