A company that owns or controls production in more than one nation is called?

2. A company that owns or controls production in more than one nation is called?

  1. Foreign Company
  2. Multinational Company
  3. International Company
  4. Local Company

Answer: B) Multinational Company

Explanation:

The MNC represents the Multinational Corporation with assets in at least one country other than its own country. Such companies have offices or factories in different countries and will have a world headquarters office.

Setting the main condition of the MNC is the availability of cheap labour resources.

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