GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A large company that owns or controls production in more than one nation is nation is called a-
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Multinational Corporation
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Self Help Group
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Global Companies
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Non Government Organisation
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Explanation:
Detailed explanation-1: -A multinational corporation or MNC is a company that owns or controls production in more than one nation.
Detailed explanation-2: -There are four types of multinational companies: decentralised multinational corporations, global centralised corporations, international companies, and transnational enterprises.
Detailed explanation-3: -A multinational corporation is one that has business offices and operations in two or more countries in the world. These companies are often managed from a central office headquartered in the home country. Simply exporting goods for sale abroad does not make a business a multinational company.
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