A firm that does business all over the world is called a(n)
A)multinational corporation.
B)international conglomerate.
C)competitive corporation.
D)government-owned business.

Question

Quizplus · Accepted Answer

A multinational corporation is a company that operates in multiple countries, conducting business on a global scale. This type of corporation is an important player in the global economy, with the ability to impact international trade, employment, and economic development. Option B, international conglomerate, is similar in definition but less commonly used. Option C, competitive corporation, does not accurately describe a global business entity. Option D, government-owned business, refers to a company that is owned and controlled by a government, which may or may not operate on a global scale.

A Firm That Does Business All Over the World Is