In 2008,Emerson,Inc.reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe,18% from Asia,46% from the U.S. ,and 13% from other parts of the world.Clearly,Emerson exemplifies ________________.
A)a sovereign wealth fund
B)a multinational corporation
C)a foreign subsidiary
D)an expropriated organization

Question

Quizplus · Accepted Answer

Emerson, Inc. exemplifies a multinational corporation, as it owns and operates multiple companies worldwide and generates sales from various regions across the globe. A sovereign wealth fund refers to a state-owned investment fund, which is not applicable to Emerson. A foreign subsidiary is a company that is controlled by a parent company in a foreign country, which may not be the case for Emerson. An expropriated organization refers to a company that has been taken over by the government without compensation, which is not applicable to Emerson.