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Royal Teas, a U.K.-based company employing just 30 people worldwide, generates $1.5 million in revenues of which 60 percent comes from exports to Asian countries. In this context, Royal Teas is most likely classified as a:______.A. large domestic firm.B. mini-multinational firm.C. greenfield firm.D. foreign firm.E. multinational giant

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sandlee09

Answer:

B. mini-multinational firm.

Explanation:

Based on the information provided within the question it can be said that the Royal Teas company is most likely classified as a mini-multinational firm. This term refers to a firm that has about 100 employees or less and has operations in various different foreign companies worldwide. Which seems to be the case with Royal Teas since they have only 30 employees worldwide and have operations in Asian Countries, UK and other locations.

Answer:

The correct answer is letter "B": mini-multinational firm.

Explanation:

Mini-multinational firms are those with operations in a foreign country or two. They have similar processes than multinational corporations with a reduced number of employees and small to middle influence in the commerce of the countries abroad. The countries the mini-multinationals make business with countries widely-known for being exporters such as China or Germany.

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