Asked by
chloe fuller
on Oct 29, 2024
Verified
Which description best defines a multinational company?
A) an organization that builds facilities within the same country to facilitate large-scale exports to various countries
B) an organization that builds facilities in a number of different countries in an effort to minimize production and distribution costs
C) an organization that sets up one or a few facilities in one or a few foreign countries
D) an organization that operates from one country and has customers from all over the globe
E) a domestic organization that chooses to locate a facility using cultural differences as an advantage
Multinational Company
An organization that builds facilities in a number of different countries in an effort to minimize production and distribution costs.
Production Costs
The total expenses incurred in the process of producing goods or services, including raw materials, labor, and overhead.
Distribution Costs
Expenses associated with delivering a company's products from the production point to the consumer, including transportation, warehousing, and logistics.
- Recognize the definitions and characteristics of multinational companies.
Verified Answer
RG
Learning Objectives
- Recognize the definitions and characteristics of multinational companies.