Transnational corporations are defined as:
A) doing business in the state in which they are incorporated.
B) doing business in the state of incorporation as well as neighboring states in the same country.
C) parent entities that control assets of affiliated entities in foreign countries.
D) entities formed between two or more parties only to import essential goods.

Question

Quizplus · Accepted Answer

Transnational corporations are parent entities that control assets of affiliated entities in foreign countries. They are characterized by having operations in multiple countries and engaging in international business activities such as global sourcing and exporting. These corporations have a significant impact on international trade, investment, and global economic development.

Transnational Corporations Are Defined As