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

Question

Quizplus · Accepted Answer

MNCs are characterized by a global strategy of focusing on opportunities throughout the world. This means that they seek out profitable opportunities in various countries outside of their home base and operate on a global scale. While MNCs may have ties to their home country, their focus is on expanding globally. Additionally, it is important to note that not all MNCs are inherently unethical and their impact on the countries in which they operate can vary depending on various factors such as the industry they are in, the regulations in place, etc.

Which of the Following Statements About Multinational Corporations (MNCs)is True