Jamieson Brothers, Inc. reported that it owns and operates 189 companies worldwide with 13% of its sales coming from Europe, 38% from Asia, 36% from the U.S., and 13% from other parts of the world. Clearly, Jamieson Brothers is
A) a sovereign wealth fund.
B) a multinational corporation.
C) a foreign subsidiary.
D) an expropriated organization.

Question

Quizplus · Accepted Answer

Foreign direct investment is the buying of permanent property and businesses in foreign nations. A multinational corporation has a physical presence and investments in several countries.