_________ is a corporation enterprises that manages production or delivers services in more than one country.

A Multinational Corporation(MNC)

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

Multinational Enterprise(MNE)

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

(A) or (B)

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

Neither (A) nor (B)

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

Open in App

Solution

The correct option is C (A) or (B)
"International business" is also defined as the study of the internationalisation process of multinational enterprises. A multinational enterprise (MNE) is a company that has a worldwide approach to markets, production and/or operations in several countries. and A multinational corporation or worldwide enterprise is a corporate organisation which owns or controls production of goods or services in at least one country other than its home country

Suggest Corrections

Similar questions

Q. A multinational corporation or MNC is a company that owns or controls production in more than one nation.

Q. A multinational corporation or an MNC is a company that owns or controls production in more than one nation.

Q. "A business Organisation is an enterprise engaged in the production or distribution of goods for sale in a market or rending services for a price" are the words of ______.

Which one of the following is not a feature of a multinational corporation?

A country can produce a surplus of those products or services and export them to other countries. Similarly, it can import the goods or services which it is deficient in. This pattern of expertise based on territory provides a strong incentive for international trade. Hence, we could say that international business evolved as a result of ___.

Join BYJU'S Learning Program