FreshFaced, a cosmetics manufacturer, assumes that people all over the world will view and use its products in the same way. Therefore it produces exactly the same makeup products, using the3 same color palettes, in several countries with attractive labor rates, and offers them to all of its markets around the world. Fresh Faced uses the model of international competition.

The complete question is,

FreshFaced, a cosmetics manufacturer, assumes that people all over the world will view and use its products in the same way. Therefore it produces exactly the same makeup products, using the3 same color palettes, in several countries with attractive labor rates, and offers them to all of its markets around the world. Fresh Faced uses the model of international competition.

a. international

b. multinational

c. global

d. transnational

e. intranational

So the correct answer is option c. global.

Explanation:

Global model is when a company do business across the world in different countries and consider them as a one market place. They believe that as such there are no big differences in the customer needs and their preferences. It treated them equally by making the same products. The company does not go for the variations in the product depending upon the local norms and traditions of different countries. That type of business model is called global model.

The above mentioned case is an example of this model as the FreshFaced are making exactky the same products in the same way for different countries. So they are following a global model.

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