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Question
Company that owns or controls production in more than one nation is called _____________.
Company that owns or controls production in more than one nation is called _____________.
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Solution
The correct option is A Multinational corporation
MNC
stands for Multinational Corporation which has assets in at least one country
other than its home country. Such companies have offices or factories in
different countries and will have a centralised head office from where
globalised management is carried out.
To
setup an MNC main criterion is availability of cheap labour resources.
MNC stands for Multinational Corporation which has assets in at least one country other than its home country. Such companies have offices or factories in different countries and will have a centralised head office from where globalised management is carried out.
To setup an MNC main criterion is availability of cheap labour resources.
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