How is an MNC defined?

Company that owns production unit in more than one district in a country.

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Company that owns production unit in more than one state in a country.

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Company that owns production units in more than one nation.

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Company that owns production unit in one state of a country

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Solution

The correct option is C Company that owns production units in more than one nation.
A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they coordinate global management. Very large multinationals have budgets that exceed those of many small countries.

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