A Multinational Corporation May Be Defined as

question 72

Multiple Choice

A multinational corporation may be defined as

• A) a company that owns property in a foreign country.
• B) a company that hires foreign laborers.
• C) a company that carries on some business activity outside of its own national borders.
• D) all of the options are true.

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Definitions:

Service

An intangible act or use of expertise provided to meet the needs or wants of others, often in exchange for payment.

Small-batch Production

A manufacturing technique focused on producing small quantities of products, allowing for customization and flexibility.

Continuous-process Production

A manufacturing method where raw materials are processed in a continuous flow through various stages to produce finished products.

Mass Production

The manufacturing of large quantities of standardized products, often utilizing assembly line techniques.