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Q.

Choose if the given statement is True/False.


MNCs own production in more than one country.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true.
MNCs are multinational companies that operate their business in more than one country. They are the companies that own production in more than one nation. Their head office is located in their home country, but branches are spread in other nations. They produce goods and services globally, and their production is spread across the globe. For example, Walmart, an MNC company, US-based, has set up its stores in India and other nations. In this way, it produces goods and sells them globally, and more importantly, MNCs create jobs in the country by setting up their businesses.
 
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