Examlex
Choose the INCORRECT statement.
Underdeveloped Countries
Nations with low levels of industrialization, infrastructure, and human development indices compared to more developed countries.
Transnational Corporations
Large companies operating in multiple countries, not tied to a single nation, and often influencing global trade and economics.
Traditional Corporations
are companies or businesses that operate in conventional sectors with established structures and practices, often focused on manufacturing and production.
Globalization
The method through which companies or various entities gain international impact or begin to function globally.
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