When a business has plants located in several foreign countries without ties to any specific nation or region,it is called a(n)
A) multinational enterprise.
B) joint venture.
C) exporting business.
D) licensing firm.
E) none of these answer choices.

Question

Quizplus · Accepted Answer

A multinational enterprise is a business that has operations and facilities in multiple countries without being tied to one specific nation or region. Joint ventures involve collaboration with a local business or partner, exporting businesses focus on selling products and services to foreign markets from their home country, and licensing firms give permission for other companies to use their intellectual property in exchange for royalties or fees. None of these options fit the description given in the question as accurately as multinational enterprise.

When a Business Has Plants Located in Several Foreign Countries