Chic Clothing Inc. has expanded to six locations in four different countries. Having seized the opportunity to make this move two years ago, top managers are now very glad they did (as are shareholders). Business is booming in both the U.S. and foreign markets. Current plans call for opening four new stores every year—two in the United States and two in Europe—for each of the next ten years. Chic’s managers are well aware that they’ll have to put a great deal of effort into learning new languages, traditions, customs, exchange rates, religions, and political practices.
-No longer a domestic company,Chic Clothing is a multinational corporation.

Question

Quizplus · Accepted Answer

Chic Clothing Inc. operates in four different countries and plans to expand further, which qualifies it as a multinational corporation due to its international presence and operations.