Which Type of Corporation Spans National Boundaries and Is Subject

question 58

Multiple Choice

Which type of corporation spans national boundaries and is subject to regulation in multiple countries?

• A) Publicly held
• B) Limited liability
• C) Subchapter S
• D) Professional
• E) Multinational

---

Definitions:

Economies of Scale

The cost advantage that arises with increased output of a product, where the per-unit cost decreases as production expands.

Economy of Scope

Cost advantages that businesses experience by producing a variety of products rather than specializing in a single output.

Range of Products

The variety of different items that a company offers for sale to its customers.

Collective Agreements

Contracts made between employers and a group of employees, often represented by a union, that determine the terms of employment, including wages, working hours, and working conditions.