Mobike, a major motorcycle manufacturer sells its motorcycles in more than 20 countries across the globe. According to this information, Mobike is an example of a _____.

Question

Quizplus · Accepted Answer

A transnational corporation operates in multiple countries, coordinating and integrating its strategies and operations across them. Mobike's presence in over 20 countries qualifies it as a transnational corporation. None of the other options accurately describe Mobike's situation - a foreign subsidiary is a company owned by a parent company in a different country, a joint venture is a partnership between two or more parties, a franchise involves licensing a business model to independent owners, and a greenfield venture refers to building a new business from scratch in a foreign market.

Mobike, a Major Motorcycle Manufacturer Sells Its Motorcycles in More