Question

Ford, Toyota, Honda and Volkswagen, oil companies like Shell, BP and Exxon Mobil Technology companies like Dell, Microsoft, Hewlett Packard and Canon and food and drink companies such as Coca Cola and Mc Donalds can be classified as ______________.

• A. statutory corporation
• B. mutlinational corporation
• C. public sector corporation
• D. none of above

Answer 1

The correct option is B mutlinational corporation

Ford, Toyota, Honda and Volkswagen, oil companies like Shell, BP and Exxon Mobil Technology companies like Dell, Microsoft, Hewlett Packard and Canon and food and drink companies such as Coca Cola and Mc Donalds can be classified as multinational corporation. A multinational corporation or multinational enterprise is a corporation enterprise that manages production or delivers services in more than one country. It can have unlimited scope for raising finance. Shares of multinational enterprise are freely transferable. It has facilities and other assets in more than one country.