A company originally based in Germany sets up companies in India, China, Vietnam, Mexico, and Brazil. It sources most of the raw materials locally and employs the local workforce to manage and produce finished goods. Most of the goods produced are consumed in the same country. The company can be classified as what type of enterprise?

Question

Quizplus · Accepted Answer

The company is operating in multiple countries and sourcing raw materials locally, which indicates that it is a multinational enterprise.

A Company Originally Based in Germany Sets Up Companies in India