BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a global business
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a foreign national company
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an international corporation
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a virtual business.
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Detailed explanation-1: -A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country. By some definitions, it also generates at least 25% of its revenue outside of its home country.
Detailed explanation-2: - International business refers to the business activities or transactions. carried out beyond the national borders of a country. It is a much wider term comprising of all the commercial transactions. taking place between two countries.
Detailed explanation-3: -A domes-tic business does business in only one country. An international company is based primarily in one country but transacts business in other countries. A multinational corporation (MNC) owns operations in two or more countries.
Detailed explanation-4: -Multinational Corporations Explained A multinational corporation (MNC) is one that has business operations in two or more countries. These companies are often managed from, and have a central office in, their home country with offices worldwide.