An entity headquartered in one country that does business in one or more foreign countries is called a(n):
A) MNC.
B) LDC.
C) TNI.
D) FDI.

Question

Quizplus · Accepted Answer

MNC stands for Multi-National Corporation, which is an entity headquartered in one country that operates in one or more foreign countries. LDC stands for Least Developed Country, TNI stands for Transnational Institute, and FDI stands for Foreign Direct Investment, which are not accurate descriptions of a company that does business in multiple countries.

An Entity Headquartered in One Country That Does Business in One