Asked by ashish adhikari on May 21, 2024

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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

Global Corporation

A multinational enterprise or multinational corporation that conducts commercial transactions across national boundaries.

Multinational Corporation

A large company that operates in several countries around the world, often centralizing management in a specific home country while adapting products and practices to local markets.

  • Acquire an understanding of the notion and impact of functioning as a transnational corporation in the international market.
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Tamara S. VassellMay 22, 2024
Final Answer :
E
Explanation :
A true global corporation or multinational corporation is one that has extensive international operations in more than one foreign country. This goes beyond just doing business abroad or having operations in one foreign country. Import/export firms and joint ventures with a foreign firm may have some level of international involvement, but they do not necessarily meet the criteria for being a true global corporation.