A company receives a substantial percentage of its total sales revenues from operations outside of its home country. The company would be considered a:
A) foreign national.
B) wealth fund.
C) multinational corporation.
D) family business.
E) None of these.

Question

Quizplus · Accepted Answer

A company that receives a substantial percentage of its total sales revenues from operations outside of its home country is considered a multinational corporation (MNC). MNCs are businesses that have operations in multiple countries and generate revenue from those operations.

A Company Receives a Substantial Percentage of Its Total Sales