Which statement best describes a Transnational Corporation?

Study for the IGCSE Addressing the Development Gap Test with diverse question formats, hints, and explanations. Prepare thoroughly for the exam!

Multiple Choice

Which statement best describes a Transnational Corporation?

Explanation:
Transnational corporations operate across borders, with production or services in multiple countries and a global network of operations. The defining feature is that international presence, not just being large or profitable. So a company that operates in two or more countries is the best description. The other statements describe different kinds of organizations: a non-profit focuses on a mission rather than profit, a company that operates only in one country is domestic, and a government-owned enterprise is owned by the state, not defined by cross-border activity.

Transnational corporations operate across borders, with production or services in multiple countries and a global network of operations. The defining feature is that international presence, not just being large or profitable. So a company that operates in two or more countries is the best description. The other statements describe different kinds of organizations: a non-profit focuses on a mission rather than profit, a company that operates only in one country is domestic, and a government-owned enterprise is owned by the state, not defined by cross-border activity.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy