Companies that own and control production in more than one country are called _____.

Multiple National Companies

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Multiple Nation Companies

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Multi National Corporations

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Multiple Nation Corporations

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D Multi National Corporations
An MNC is a company that owns or controls production in more than one nation. MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. This is done so that the cost of production is low and the MNCs can earn greater profits.

Suggest Corrections