Choose the statement is True/False

Multinational corporations (MNCs) have their primary headquarters in their home nation and secondary offices, services, industrial plants, industries, and other similar assets abroad.

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True

False

answer is A.

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Detailed Solution

The given statement is true.
Multinational Corporations or Multinational Companies are corporate entities that conduct business in multiple nations besides their own. Multinational corporations (MNCs) have their primary headquarters in their home nation and secondary offices, services, industrial plants, industries, and other similar assets abroad. These businesses are also referred to as global enterprises because they are international in scope. The parent company oversees and manages the activities on a worldwide scale.

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