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1 May, 22:27

A business that has direct investments (in the form of marketing or manufacturing subsidiaries) abroad or in several countries is called a (n)

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  1. 1 May, 22:29
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    Multinational company

    Explanation:

    A multinational company or corporation is an organisation that owns or control production of good and services in different countries of the world, apart from the its home country. They operate in different countries of the world at the same time. Their operation may not necessary include production in that country. Operation in different countries can take different forms, one of which may include running a supply chain, having physical store locations or even providing services abroad.

    They are characterized by high competitive environment and a workforce that is highly skilled.

    Examples of multinational companies are coca cola, Nestle, shell, Chevron etc.
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