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Q.

The companies that operate in several countries are known as:


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a

Multinational corporations

b

Multinational commerce

c

Transnational companies

d

Multifactorial corpirations 

answer is A.

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Detailed Solution

The companies that operate in several countries are known as Multinational corporations.
Large corporations, known as multinational corporations (MNCs), simultaneously conduct business in
multiple different nations. The 1920s saw the founding of the first MNCs. As US corporations grew
internationally and Western Europe and Japan recovered to become strong industrial economies, many
more arose in the 1950s and 1960s. One important aspect of the 1950s and 1960s was the globalization of
MNCs. This was partially caused by the high import taxes that various governments imposed, which
forced MNCs to move their production facilities and turn into "local producers" in many nations.
 
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