Which statement best describes a Transnational Corporation?

Prepare for the IGCSE Addressing the Development Gap Test. Use flashcards and multiple choice questions with explanations and hints to enhance your understanding. Ensure success on your 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.

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