When a business has plants located in several foreign countries, it is called a(n) ______.
A) multinational enterprise
B) joint venture
C) exporting business
D) licensing firm
E) None of the above are correct.

Question

Quizplus · Accepted Answer

A multinational enterprise is a business that has plants or operations located in several foreign countries. It is also known as a multinational corporation or transnational corporation. This type of business operates in multiple countries and has a centralized management structure that oversees all operations. Joint ventures, exporting businesses, and licensing firms may also operate internationally, but they do not necessarily have plants in multiple countries.

When a Business Has Plants Located in Several Foreign Countries