What is the difference between transnational, international, multi domestic and global firms

Transnational: An enterprise that is involved with the international production of goods or services, foreign investments, or income and asset management in more than one country. International: The business is outside the original country where it is located. This business could include foreign assets, such as factories, or even have foreign employees. Multi domestic: A multidomestic firm is a company that operates in multiple countries but tailors its products, services, and strategies to meet the specific needs and preferences of each local market. Global firms: A global firm operates in multiple countries but maintains a standardized approach to its products, services, and branding across all markets.