Which of the following statements about multinational corporations (MNCs) is tru

Question

Which of the following statements about multinational corporations (MNCs) is true? O a.MNCs are inherently unethical and always do harm in the countries in which they operate. O b.Most MNCs use licensing or franchising rather than opening up wholly owned subsidiaries in different countries. O c. MNCs are characterized by a global strategy of focusing on opportunities throughout the world O d. MNCs operate on a global scale with strong ties to the nation in which they were founded. O e. Because of their power, MNCs usually increase the standard of living within the countires in which they operate.

Explanation / Answer

Multinational Corporations (MNCs) are highest level of international business commitment for serving international market. MNCs apply global strategy of focusing on opportunities throughout the world. Best example are organizations such as Dell, Nike, Amazon are focused on capturing opportunities throughout the world. The turnover of such companies is sometimes more than the GDP of countries in which they conduct business. Thus, MNCs are characterized by a global; strategy of focusing on opportunities throughout the world

Ans: C.

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