When a business has plants located in several foreign countries, it is called a(n)
A) multinational enterprise.
B) joint venture.
C) exporting business.
D) licensing firm.
E) none of the above.

Question

Quizplus · Accepted Answer

A multinational enterprise is a business that operates in multiple countries and has physical plants or facilities located in those countries. Joint ventures, exporting businesses, and licensing firms may also operate in foreign countries, but they do not necessarily have physical plants located in those countries.

When a Business Has Plants Located in Several Foreign Countries