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:

United Nations Report

A document published by the United Nations that covers a wide range of global issues, from human rights to environmental concerns.

Our Common Future

A report by the World Commission on Environment and Development that introduced the concept of sustainable development.

Future Generations

Refers to the people who will live in the future, highlighting the importance of sustainable practices to not compromise their needs.

Sustainability

The use of resources to enable society to satisfy current needs, without compromising the ability of future generations to meet their needs.