Home »
MCQs »
Commerce MCQs »
Globalisation MCQs
A company that owns or controls production in more than one nation is called?
2. A company that owns or controls production in more than one nation is called?
- Foreign Company
- Multinational Company
- International Company
- Local Company
Answer: B) Multinational Company
Explanation:
The MNC represents the Multinational Corporation with assets in at least one country other than its own country. Such companies have offices or factories in different countries and will have a world headquarters office.
Setting the main condition of the MNC is the availability of cheap labour resources.