Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U. S., and 13% from other parts of the world. Clearly, Fadeson exemplifies

a. A multinational cooperation

b. A sovereign wealth fund

c. An expropriated organization

d. A foreign subsidiary

Question

Nancy Stephens

Business

16 July, 07:26

Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U. S., and 13% from other parts of the world. Clearly, Fadeson exemplifies

a. A multinational cooperation

b. A sovereign wealth fund

c. An expropriated organization

d. A foreign subsidiary

+1

Answers (1)

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Walker Dillon · Answer 1

a. A multinational cooperation

Explanation:

A multinational organization is a company that carries out its business activities in many different countries at the same time.

As such, it is a company that operates in various countries.

Examples of such companies are Google, Microsoft, Shell, Mobil etc.

Since Fadeson, Inc., reported that it owns and operates 265 companies worldwide with 23% of its sales coming from Europe, 18% from Asia, 46% from the U. S., and 13% from other parts of the world, Clearly, Fadeson exemplifies a multinational cooperation.