Which of the Following Statements About Multinational Corporations (MNCs) Is

question 51

Multiple Choice

Which of the following statements about multinational corporations (MNCs) is true?

• A)MNCs operate on a global scale with strong ties to the nation in which they were founded.
• B)MNCs are inherently unethical and always do harm in the countries in which they operate.
• C)MNCs are characterized by a global strategy of focusing on opportunities throughout the world.
• D)Most MNCs use licensing or franchising rather than opening up wholly owned subsidiaries in different countries.
• E)Because of their power, MNCs usually increase the standard of living within the countries in which they operate.

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Definitions:

Late Majority

A classification in the technology adoption lifecycle representing consumers who adopt new technology or innovations after the average member of the population.

Adopters

Individuals or entities that begin using a new product or technology, often categorized by their willingness to embrace new innovations.

Cultural Values

The core principles and ideals upon which an entire community exists and operates, which influence behavior, preferences, and norms within that society.

Progress

Forward movement towards a desired goal or improvement, often measured by milestones or achievements.