Asked by Zacoriya Everfield on Apr 27, 2024
Verified
Which of the following statements about multinational corporations (MNCs) is true?
A) MNCs operate on a global scale with strong ties to the nation in which they were founded.
B) MNCs are inherently unethical and always do harm in the countries in which they operate.
C) MNCs are characterized by a global strategy of focusing on opportunities throughout the world.
D) Most MNCs use licensing or franchising rather than opening up wholly owned subsidiaries in different countries.
E) Because of their power, MNCs usually increase the standard of living within the countries in which they operate.
Multinational Corporations (MNCs)
Companies that operate in several countries, often having a centralized head office where they coordinate global management.
Global Strategy
A methodology for conducting business around the world, including expanding operations and marketing to different countries.
Standard of Living
The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
- Ascertain the positions and criticisms directed at multinational corporations in the global economic framework.
Verified Answer
Learning Objectives
- Ascertain the positions and criticisms directed at multinational corporations in the global economic framework.
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