Asked by ashish adhikari on May 21, 2024
Verified
The best definition of a true global corporation (or MNC multinational corporation) is ___.
A) any firm that does business abroad
B) a business firm that has extensive operations in one foreign country
C) any import/export firm
D) any joint venture with a foreign firm
E) a business that has extensive international operations in more than one foreign country
Global Corporation
A multinational enterprise or multinational corporation that conducts commercial transactions across national boundaries.
Multinational Corporation
A large company that operates in several countries around the world, often centralizing management in a specific home country while adapting products and practices to local markets.
- Acquire an understanding of the notion and impact of functioning as a transnational corporation in the international market.
Verified Answer
Learning Objectives
- Acquire an understanding of the notion and impact of functioning as a transnational corporation in the international market.
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