Which of the Following Statements Is True of a Multinational

question 99

Multiple Choice

Which of the following statements is true of a multinational corporation?

• A) It is declining in importance around the world because it is increasingly being replaced by private corporations.
• B) Its stock is generally traded on the securities exchanges of several nations.
• C) It restricts its production to a single nation but maintains worldwide distribution sites.
• D) Its managers should be citizens of the same country in which its corporate headquarters is located.

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Definitions:

Horizontal Privity

refers to a legal relationship in property law, especially regarding real covenants or easements, where the parties deriving benefits and obligations from a covenant have a mutual or successive relationship to the same piece of land.

Express Warranty

A written or spoken promise from a seller to a buyer about the quality or condition of a product, offering assurance that it meets certain standards.

Market Figures

Statistical data related to the financial markets, including prices, volumes, and interest rates.

Product Specifications

Detailed descriptions of a product’s characteristics, functions, or features.