SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
MNC stands for
A
Multinational Corporation
B
Multination Corporation
C
Multinational Cities
D
Multinational Council
Explanation: 

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: -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.

Detailed explanation-3: -Decentralized corporation. Decentralized corporations may have multiple offices, facilities and assets in foreign countries, but they still maintain a powerful presence in their home country. Global centralized corporation. International division. Transnational enterprise. 20-Dec-2022

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