A Business Based Primarily in One Country That Transacts Business

question 191

Multiple Choice

A business based primarily in one country that transacts business in other countries is a(n) :

• A) international business.
• B) multinational corporation.
• C) global business.
• D) worldwide business.

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Definitions:

Altruism

The principle or practice of concern for the welfare of others, often manifested through selfless acts or donations.

Self-Directed Giving

A philanthropic approach where donors independently select and support causes or organizations without intermediary influence or direction.

Nucleus Fund

A central pool of money that serves as the foundational investment to start or significantly support a project or venture.

Quiet Phase

The quiet phase is an initial period in fundraising, especially in capital campaigns, where funds are raised silently among key supporters and stakeholders before a public announcement.