The Best Definition of a True Global Corporation (Or MNC

question 46

Multiple Choice

The best definition of a true global corporation (or MNC multinational corporation) is ___.

• A) any firm that does business abroad
• B) a business firm that has extensive operations in one foreign country
• C) any import/export firm
• D) any joint venture with a foreign firm
• E) a business that has extensive international operations in more than one foreign country

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Definitions:

Par Value

The stated value of a share of stock or a bond, set at the time of its issuance, and used to determine its trading value.

Par Common Stock

The face value of a share of common stock as specified in the corporate charter.

Purchase Price

The total cost incurred to acquire an asset, including the price of the asset itself along with any additional costs necessary to bring the asset to a usable state.

Treasury Stock

Stock that has been bought back by the issuing company, reducing the amount of outstanding stock on the open market.