Which statement about multinational corporations is true?
A) They have been widespread in Western culture since medieval times.
B) They were very common during the colonial period.
C) They have become a major force in the world today since the 1950s.
D) They promote relativistic rather than ethnocentric ideas.

Question

Quizplus · Accepted Answer

Multinational corporations have become a major force in the world today since the 1950s with the rise of globalization and advancements in communication and transportation. A and B are incorrect as the prevalence of multinational corporations was not as significant in medieval times or during the colonial period. D is incorrect as multinational corporations may promote either relativistic or ethnocentric ideas depending on their business strategies and goals.

Which Statement About Multinational Corporations Is True