According to OECD (Organization for Economic Co-operation and Development), a multinational firm or MNE is

Question

Quizplus · Accepted Answer

The definition of MNE provided by OECD is an enterprise that engages in FDI (foreign direct investment) and owns or controls value-adding activities in more than one country. Option A is incorrect as joint venture is not a necessary condition for a firm to be classified as an MNE. Option B is also incorrect as partnership does not necessarily involve owning or controlling value-adding activities. Option C is the best choice as it encompasses the key criteria specified by OECD.

According to OECD (Organization for Economic Co-Operation and Development), a Multinational