Explain briefly, global enterprise.

1.	Explain briefly, global enterprise.
Answer» Global enterprise: A business enterprise operating in various countries is called a global enterprise. Generally, in the initial stages an enterprise works at domestic level. Later, with the experience of domestic business when they spread their wings in foreign countries, they become multinational or transnational enterprise. Moreover, when such enterprises starts operating in several countries they are also called global companies or global enterprise. Global or transnational enterprises produce, sell and invest across the world. Global enterprises are highly organized companies which make use of factors of production of the world and global wealth to earn profit from the world market. Coca-Cola, Pepsi, Cadbury Nestle, Ford, Hyundai, Tata, Birla, etc. are all very strong global enterprises.

Answer»

Global enterprise:

A business enterprise operating in various countries is called a global enterprise. Generally, in the initial stages an enterprise works at domestic level. Later, with the experience of domestic business when they spread their wings in foreign countries, they become multinational or transnational enterprise. Moreover, when such enterprises starts operating in several countries they are also called global companies or global enterprise.
Global or transnational enterprises produce, sell and invest across the world. Global enterprises are highly organized companies which make use of factors of production of the world and global wealth to earn profit from the world market.

Coca-Cola, Pepsi, Cadbury Nestle, Ford, Hyundai, Tata, Birla, etc. are all very strong global enterprises.

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