Asked by mikey sanchez on May 14, 2024
Verified
A hollow corporation
A) makes goods abroad and ships them to the United States.
B) makes goods in the United States and ships them abroad.
C) imports foreign goods and puts its own name on them.
D) makes goods in the United States and has them sold abroad under another company's name.
Hollow Corporation
A business model where a company outsources most of its production processes, keeping only core functions such as design, marketing, and branding in-house.
Imports Foreign Goods
The act of bringing goods and services from foreign countries into one's own country for sale.
- Analyze the role and impact of multinational corporations in global trade.
Verified Answer
CT
Chandra TurnerMay 19, 2024
Final Answer :
C
Explanation :
A hollow corporation is one that imports foreign goods and then brands them with its own name, rather than manufacturing goods itself.
Learning Objectives
- Analyze the role and impact of multinational corporations in global trade.
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