Multinational corporations (MNCs) are defined as

Multinational corporations (MNCs) are defined as

• A. Companies that operate only domestically.
• B. Non-profit organizations.
• C. Multinational corporations that employ people globally.
• D. A company that has headquarters in one country but operate and own assets in at least one other country.

Answer: (D)

An MNC is a company that conducts business in more than one country, with a home base in one country and ownership or control of assets and operations abroad. The statement fits this because it specifies a headquarters in one country and ownership and operation of assets in at least one other country, signaling cross-border investment and centralized management. This combination distinguishes multinational firms from purely domestic companies, nonprofits, or firms that merely hire staff abroad without owning assets or running overseas operations.

An MNC is a company that conducts business in more than one country, with a home base in one country and ownership or control of assets and operations abroad. The statement fits this because it specifies a headquarters in one country and ownership and operation of assets in at least one other country, signaling cross-border investment and centralized management. This combination distinguishes multinational firms from purely domestic companies, nonprofits, or firms that merely hire staff abroad without owning assets or running overseas operations.