The three types of companies that populate and compete in the global marketplace are (1) international firms; (2) multinational firms; and (3) firms.

The three types of companies that populate and compete in the global marketplace are (1) international firms; (2) multinational firms; and (3) transnational firms.

Explanation:

An international corporation, also known as a global corporation, is derived from the generic word global, meaning worldwide. As an enhancement of the marketing strategy in their home country, a foreign company participates in trade and marketing in various countries and called as international firms.

A multinational company views the world uniquely as composed of unique parts and markets to each component. A transnational organization looks at the world as a single market and recognizes cultural connections across countries or common consumer needs, and seeks more than disparities.