Which of the Following Best Describes a Multinational Corporation

question 92

Multiple Choice

Which of the following best describes a multinational corporation?

• A) ION Enterprises has assembly and production facilities in several countries and regions of the world.
• B) Avery Shoes exports its products to several countries and regions around the world.
• C) Wilton Paper is a highly decentralized firm that has operations in many countries and little allegiance to any country.
• D) Formby Manufacturing is an international business consisting of a foreign branch owned partly by the home office and partly by an entity in the host country.

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Definitions:

Demand Curve

It represents the relationship between the price of a good or service and the quantity demanded by consumers over a certain period of time.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a specific price.

Price

The amount of funds needed to purchase a commodity, service, or asset.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers.