answersLogoWhite

0

A focal firm is "the initiator of an International business transaction, they conceive, design and produce the offerings [goods or services] intended for consumption" (Cavusgil, Knight and Riesenberger ,2008, International Business). Basically their are many firms that help in the making of a car (let's say a VW Golf) a firm may assemble the car and another may provide the means of distribution but the focal firm is still VW it is for all intents and purposes "their car."

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What is mean by focal firm?

Focal firm is the one who initiates international business transactions. They design conceives and offer goods that is intended for consumption.


What are focal firms?

A focal firm is "the initiator of an International business transaction, they conceive, design and produce the offerings [goods or services] intended for consumption" (Cavusgil, Knight and Riesenberger ,2008, International Business). Basically their are many firms that help in the making of a car (lets say a VW Golf) a firm may assemble the car and another may provide the means of distribution but the focal firm is still VW it is for all intents and purposes 'their car'.


Do focal means focal?

Yes, "focal" means related to or located at a focus point, while "focal" refers to a lens or point where parallel rays of light meet. Both words have a similar meaning in the context of focus.


Meaning of broking firm?

A booking firm is that firm which helps in negotiating a lease between the parties involved..


What is the meaning of firmly?

In a firm manner.


Where is the focal point of a cancave lens?

The focal point of a concave lens is located on the same side as the incoming light. It is a virtual focal point, meaning the light appears to diverge from this point when passing through the lens.


What is the meaning of persuasive in short?

firm, solid


What is the prefix for focal?

the prefix for focal is infocals


What is meaning of cynosure?

Cynosure( the dog's tail) is a focal point, or object of interest or attention.


What is the medical term meaning congenital absence of the head?

Proximal femoral focal deficiency.


What is the meaning of the abbreviation 'KPN'?

it is a dutch telecommunications firm.


What is the meaning of staunchly?

firm and dependable especially in loyalty