INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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local
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national
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multinational
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central
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Detailed explanation-1: -The term international business refers to any business that operates across international borders.
Detailed explanation-2: -Uber, Spotify, Airbnb and Snap (Snapchat) are all examples of unlisted MNEs that do not report any information on the geographic distribution of operations and on their global ownership structure.
Detailed explanation-3: -Multinational Corporations or Multinational Companies are corporate organizations that operate in more than one country other than home country.
Detailed explanation-4: -A multinational company (MNC) is defined as a business entity that operates in its country of origin and also has a branch abroad. The headquarter usually remains in one country, controlling and coordinating all the international branches.