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Business Studies

Domestic Business vs International Business

A Company whi...

Question

A Company which has gone global is called a _______.

A

Multinational

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B

Transnational

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C

Either (A) or (B)

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D

None of these

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Solution

The correct option is D Either (A) or (B)
MNC has an international identity as belonging to a particular home country where they are headquartered. A transnational company is borderless, as it does not consider any particular country as its base, home or headquarters. Transnational corporations are a type of multinational corporations.

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